Markets & Economy


Big debt and easy money

May 22, 2013

A conversation with Vanguard economists Joe Davis and Peter Westaway

Central banks continue to try to stimulate growth through aggressive monetary policies, even as their governments debate how to lower excessive sovereign debt levels.

Vanguard Chief Economist Joseph H. Davis, Ph.D., and Chief European Economist Peter Westaway explain the quandary facing economic policymakers and what investors can expect in the months ahead.


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