Leaders must act fast to rescue economy, say central bankers in Davos Add to ...

January 24, 2015 3:55 PM

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Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.

Two days after the European Central Bank launched a bold bond-buying drive to revive inflation in the euro zone, a top ECB official warned that Europe’s common currency project could come unstuck if the bloc limped on with sluggish growth and mass unemployment.

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