Anthony Rayner: Slowing economy poses big questions for policymakers

Inequality of wealth

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Anthony Rayner: "Many, if not most, observers believe QE is of limited use to the real economy in the first order, with its second order impact being via, essentially, a distortion of asset prices."
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Anthony Rayner: "Many, if not most, observers believe QE is of limited use to the real economy in the first order, with its second order impact being via, essentially, a distortion of asset prices."

Recent data releases have sharpened the focus on the global economic slowdown and now, writes Anthony Rayner, central banks stand ready with the next round of QE, despite growing belief the benefits are unclear

A weak manufacturing survey in Germany has sharpened the focus of markets towards the extent of the global economic slowdown. The German manufacturing PMI recently fell to 44.7 - the second lowest level...

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