
“In the years since the financial crisis, central banks have leapt to the forefront of public policy making. They have taken responsibility for lowering interest rates, for maintaining stability of financial institutions, and for buying up government debt to help economies recover from recession. Now it seems that they have become important in another area, too, in starting to build up holdings of equities. One of the reasons for the move into equities reflects central banks’ efforts to compensate for lost revenue caused by sharp falls in interest rates driven by official institutions’ own efforts to repair the financial crisis.”
Related posts:
Monaco $400 Million Penthouse Secrecy Booms
Mayor Bloomberg bankrolls $12 million gun control ad campaign
Judge orders release of detained Marine veteran Brandon Raub
U.S. officials: We didn’t ask the UK to detain Greenwald’s partner
German spy service to monitor Internet traffic ‘as closely as possible’
Egypt holds Swiss teacher over 'terrorist name'
Massive anti-government protest gears up in Poland
PayPal returns to market with $52 billion valuation
Takeover Loans Have Few Takers on Wall Street
Inside the converted Walmart where the U.S. is holding nearly 1,500 immigrant children
Officials: Romney VP Choice Very Pro-Israel
Ron Paul: Why I'm holding my gold
Stone Lion Capital Partners Suspends Redemptions in Credit Hedge Funds
Hiding dual citizenship now a criminal offense in Russia
China: Sale of canned clean air skyrockets following smog red alert