How dangerous are the central banks’ billions in losses? | EUROtoday

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The dialogue of financial coverage is at present dominated by the query of how shortly the main central banks, such because the American Federal Reserve or the European Central Bank, can scale back their key rates of interest. The significance and topicality of this query shouldn’t obscure a second subject that has been mentioned much less steadily in public for a while, however steadily amongst consultants. This subject is the doable penalties of the losses that many central banks are at present struggling and can in all probability proceed to endure for a while sooner or later, and that are eroding their fairness capital.