zero-interest-rate policies

wound QE

The unintended consequences of saving the world from the financial crisis

Niel Dwane (Allianz GI) | The response of central banks to the financial crisis 10 years ago may have saved the world from a devastating depression, but it also created a host of unforeseen effects – from more indebtedness to more economic inequality. Looking back at what we got right – and what went wrong – what lessons can we take away for the future?