Worthy Christian News » World News » Global central banks are running 'out of ammo'
Global central banks are running 'out of ammo'
Tuesday, February 9, 2016 | Tag Cloud
(Worthy News) - Central banks are pulling out all the stops to turn around the global economy.
They're pumping money into their economies, creating negative interest rates and buying billions of dollars in bonds. Yet experts are worried some of these strategies will not be enough to turn around the slump in the world.
"Major central banks have run out of ammo," says Ed Yardeni, chief investment strategist at Yardeni Research. [ Source ]
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Whats the best thing to do during these times
Walk, look to, the real one God of all Creation. Trust in Him. There is
no faith without trust. Peter trusted his God, the God of Peter's fathers, and the risen Messiah came to save him, once again. Judah did not (trust) and went into perdition.