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Coronavirus recovery: why non-US central banks must protect countries from rates cycle

Coronavirus recovery: why non-US central banks must protect countries from rates cycle

The lessons of the ‘Great Bond Massacre’ of 1994 show how policy decisions made in the United States can have ripple effects around the world.

South China Morning PostKathryn SalamMarch 29, 2021Central Banks, Banking & FInance, United States