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Old challenges, new shocks

BISness

CHAPTER

Are You Confident That Central Banks Can Engineer Soft Lending?

Central banks need to be decisive but mindful that their actions should not have as much of an impact on economic activity and financial stability. It is likely that we will have a soft landing, says the ECB's Jens Weidmann. And are you confident that central banks can engineer soft lending? Well, as I have said, there is a route, a possible route. Hopefully we'll enter into that path. But it doesn't depend 100% on what the central banks actions are.

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