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Tighter monetary policies in 2018 pose risks, banks say

iconDec 12, 2017 10:10
Source:SMM
Multiple Wall Street investment banks have warned that 2018 will see the tightest monetary policies among developed economies since 2006.

SHANGHAI, Dec.12 (SMM)-Multiple Wall Street investment banks have warned that 2018 will see the tightest monetary policies among developed economies since 2006. The average benchmark interest rate is likely to rise to 1% or above from the current 0.68%, casting a cloud over the stability of financial markets next year.


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