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Protestors hold a boat reading ‘Crisis Suisse’ during a demonstration outside the Credit Suisse Group annual general meeting of shareholders in Zurich on… ....
The effects of a long period of low interest rates being followed by sharp rate increases are likely to be long-lasting and produce more than a mild recession. Rather than repeatedly tightening regulations after a crisis, policymakers should focus on ending quick fixes such as monetary or fiscal easing. ....