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The central bank narrative has collapsed…here’s what happens now

The long-held central bank narrative has collapsed and policymakers are only now admitting that their role has moved into a new, unexpected realm.

That is according to Dr. Richard Werner, who gave the keynote address at Citywire's first-ever Fixed Income Retreat.

Speaking to an audience of pan-European fund buyers, the noted economist dispelled many of the myths surrounding the interaction between central banks, interest rates and growth.

In his speech, Dr. Werner also said investors need greater, local-level coordination to make sure central banks create the correct monetary policies.

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