Posted inAustralia, European Union, Japan, Northeast Asia, Oceania, World

Central bankers warn of fallout from escalating trade conflicts

Escalating trade conflicts could have a ripple effect on financial markets and hurt the global economy, forcing countries to keep interest rates at extremely low levels, central bank chiefs warned on Wednesday. Major central banks have begun moving away from easy-money policies introduced since the global financial meltdown in 2008, so growing tensions over trade come […]