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Home | BIS argues the case for interest rate rises |
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BIS argues the case for interest rate rises
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- June 26, 2011
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In its annual report published today, the Bank for International Settlements (BIS) argues the case for higher interest rates, stating: “Many of the challenges faced today are a direct consequence of a third consecutive year of extremely accommodative financial conditions.” According to the central bank body, ultra-low interest rates have given banks the breathing space [...]
- Read more at:http://www.bankingtimes.co.uk/2011/06/26/bis-argues-the-case-for-interest-rate-rises/
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