The ability of policymakers to stimulate economic growth is dwindling rapidly, and both central banks and governments around the world are running out of options, according to new research from analysts at Barclays.In Barclays' Global Economics Weekly note, subtitled "Diminishing policy power," analyst Christian Keller argues that the ability of central banks or governments to fix things through fiscal or monetary stimulus if the world faces an "adverse shock" to its economy is "increasingly exhausted."
Since the financial crisis, central banks around the world have embarked on unprecedented levels of loose monetary policy, cutting interest rates and launching huge packages of quantitative easing to try to facilitate inflation and economic growth.
Read more at https://uk.finance.yahoo.com/news/barclays-nothing-left-fight-coming-075648673.html
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