Ultra-accommodative policies by central banks have helped support growth and inflation dynamics both in the UK following the shock EU referendum result and in the Eurozone.

But the beneficial effects of unconventional monetary policy are starting to recede. As they do, concrete government policies for productivity growth are essential if the UK is to overcome the challenges of Brexit – and other European countries are to avoid being overwhelmed by their levels of public debt.

Unconventional monetary policy has saved the day… Full Story

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