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The book explores the significant impact of the global financial crisis on central banks in the US and UK, focusing on their extensive asset purchase programs. It examines how these measures led to increased assets and cross-border spillover effects in global economies. Additionally, it discusses the potential long-term consequences, such as balance sheet adjustments that could affect the profit-earning abilities of central banks and the risk of negative equity in extreme situations.
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Central Bank Ratings, Indranarain Ramlall
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- Année de publication
- 2023
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