Central banking amid uncertainty and Trump 2.0
Deglobalisation set to challenge the central banking orthodoxy of the past 40 years
Central bankers will need to lead their institutions through significant uncertainty in the global economic, financial and monetary system in the months ahead, a dynamic that looks set to be even more challenging given the election of Donald Trump for a second term as US President.
The International Monetary Fund warned in its World Economic Outlook 2024 about a record build-up of government debt around the world – expected to break $100 trillion this year. That is around 93% of global GDP and
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