Until recently, central banks in advanced economies talked about normalizing their monetary policies by raising interest rates from near or below zero, or seemed to have such an intention. But the situation has changed this year.

Many advanced economies are trapped into a low-interest rate, low-growth era
Until recently, central banks in advanced economies talked about normalizing their monetary policies by raising interest rates from near or below zero, or seemed to have such an intention. But the situation has changed this year.
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