‘Don’t overburden central banks,’ says India’s Rajan – BBC News 08-25-15

Salient to Investors:

Raghuram Rajan at Reserve Bank of India said:

  • Central banks’ use of cheap money to tackle economic problems, rather than painful reform, has to stop and continuation risks doing more harm than good.
  • Central banks cannot carry the whole burden and may not have the tools to deal with demographic change and deep changes in productivity.

Read the full article at http://www.bbc.com/news/business-34056740

Click here to receive free and immediate email alerts of the latest forecasts.