BIS' Carstens: Essential for fiscal authorities to curb relentless rise in public debt ...Middle East

Agustín Carstens (head of the Bank for International Settlements):

Essential for fiscal authorities to curb relentless rise in public debtWith days of ultra-low rates over, fiscal authorities have narrow window to put their house in order before public trust in their commitments starts to frayCentral banks should not be expected to stabilise inflation at very short time horizons and within narrow ranges

Carstens speaking here:

Central bank conference kicks off today, its just like Jackson Hole but in Tokyo! This article was written by Eamonn Sheridan at www.forexlive.com.

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