#BIS_Bulletin

Inflation tail risks have risen, mostly to the downside but some also to the upside Today's #BIS_Bulletin sorts through the caseshttps://www.bis.org/publ/bisbull28.htm Phillips curve reasoning carries us a long way: subdued
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Corporate credit markets decoupled in March; bond issuance boomed but discretionary bank credit stalledUnequal access to credit between large firms and the rest is the topic of today's #BIS_Bulletin A
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