As global markets continue to see-saw on the verge of another recession, central banks across the world face a difficult balancing act of monetary policy.
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Related: monetary
Prev: The central bank says that it will soak up the cash, for instance, by selling instruments of its own, so monetary policy will not be loosened.
Next: To heed more rational monetary considerations in the face of an unfair offer requires that you "swallow your pride".
