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With inflation so low, it would be strange if central banks didn't do more in the face of such market turmoil and elevated risk factors, it won't be a major growth stimulant, but any extra liquidity provided will have to go somewhere, so it's too early to say the central bank era of elevating asset prices is over.

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Reuters 8 years ago
John Reid

John Reid

Professor John Cowie Reid was a New Zealand professor of English and founding chairman of the Mercury Theatre.

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