BNP Paribas AM: On track for interest-rate normalisation

The first few months of 2018 have brought confirmation of continued synchronised above-trend global economic growth, lifting the long shadow cast by the Great Financial Crisis (GFC) of 2008/09, dissipating the deflationary risks that have weighed on developed economies in recent years and putting central banks on the path towards interest-rate normalisation.

Read our expert’s view on why the major developed central banks should consider it time to move away from non-conventional monetary policy measures.