Salient to Investors:
Raghuram Rajan at Reserve Bank of India said:
- Central banks’ use of cheap money to tackle economic problems, rather than painful reform, has to stop and continuation risks doing more harm than good.
- Central banks cannot carry the whole burden and may not have the tools to deal with demographic change and deep changes in productivity.
Read the full article at http://www.bbc.com/news/business-34056740
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