Surveillance: Tech Stalling, says Verrone
Bloomberg Surveillance
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The New Reality of Central Bank Policy
"We're moving away from the last 30, 40 years of great moderation," he says. "Mathematically, what we've got here is we finally got to return to a risk-free rate" The global financial crisis has been one of the biggest shocks in recent decades. It's caused by structural forces such as geopolitical fragmentation and aging demographics.
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