Faculty News
Lord Mervyn King discusses how the coronavirus outbreak impacts decisions made by Central Banks, noting that the situation is much more difficult than dealing with the financial crisis
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Excerpt from Financial News -- "'I think this is much more difficult than dealing with the financial crisis,' King told Financial News in a phone interview Monday. Unlike the coronavirus pandemic, there have been several financial crises in the past from which central bankers could draw lessons. 'I think we had a pretty clear idea as to the kind of measures we needed to take.'”
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