- Central bankers rescued the world after the financial crisis while governments were dysfunctional, said Jacob Frenkel, chairman of JP Morgan International.
- Central banks became the “only game in town” when governments didn’t show leadership, he said.
- Fenkel and his fellow panelists called for governments to be bold, innovative and reclaim their leadership role alongside the central banks.
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JPMorgan's Frenkel says central bankers took the place of 'dysfunctional' governments to rescue the global economy
Central bankers rescued the world from the financial crisis while governments failed to act and were 'dysfunctional,' said Jacob Frenkel, chairman of JP Morgan international.
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