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Article WSJ Economy

Central banks may be accidentally subsidizing government borrowing through their efforts to prevent a repeat of past market blowups, and policymakers are starting to worry, writes WSJ’s @jmackin2

WSJ Economy August 16, 2026 · 2:00 am Read Original
Pessimistic -25.0
−100 Bearish 0 +100 Bullish
Central banks may be accidentally subsidizing government borrowing through their efforts to prevent a repeat of past market blowups, and policymakers are starting to worry, writes WSJ’s @jmackin2

By becoming market makers of last resort, policymakers are pumping up leverage and risk.

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Article Info
Source WSJ Economy
Published Aug 16, 2026 · 2:00 am
Article ID 7tjq701
Original URL Open source
Sentiment Signal
Pessimistic -25.0
−100Neutral+100
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