Central banks must think outside the box to be ready for the next crisis

Central banks must think outside the box to be ready for the next crisis

With a recession in the US inside the next 12 months a live possibility, attention is turning to what central banks might do if it happens

According to statistical models from the New York Federal Reserve, the probability of a US recession in the next 12 months has increased to just under 30 per cent, which is the highest reading since the global financial crisis in 2008/9 (the model looks at the coincident changes in a number of leading indicators which have previously led to US recessions).

Please Subscribe or Log in to continue reading

Subscribe Login

Independent journalism every day

With digital access you can read The Business Post whenever, wherever, and however you want.

  • Unlimited access to all sections of The Business Post on desktop, tablet and mobile.
  • Breaking news, comment and analysis from the best Business Post writers seven days a week.
  • Live blogs of major news events.
  • Videos and podcasts from some of the industry's most respected journalists such as Michael Brennan, Susan Mitchell and Ian Guider.
  • Access to The Business Post's extensive archive‚Äč.

Related Articles

More from The Business Post