"While we are in the Age of the Central Banker, it is important to remember that central banks cannot fix economies, create jobs, or cure the structural employment/business environments of a country. What they can do, and have done throughout their existence, is to be the lender of last resort. They effectively buy time for an economy by stepping into the breach while the private sector finds its footing."
Hans Olsen, CFA
Global Head of Investment Strategy, Barclays