Op-ed: Central banks are doing enough for now to help manage the viral epidemic

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Op-ed: Central banks are doing enough for now to help manage the viral epidemic
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The Fed should now focus on a vigilant oversight of the banking system it supervises and regulates, Dr. Michael Ivanovitch writes.

The U.S. Federal Reserve and the monetary authorities in Europe, China and Japan maintain appropriately accommodative credit conditions.

falling half a percentage point in the last month, the markets have given themselves a huge investment return and much cheaper credit costs.

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