Gervais Williams: how will we get out of a recession?

We've endured plenty of recessions before. But the problem this time is that central banks don’t have much room to cut interest rates, says Gervais Williams.

Gervais Williams

Miton fund manager Gervais Williams is worried about recession. The recent inversion of the yield curve in the US (where long-term interest rates are lower than short-term ones) has historically predicted a downturn, and the problem is that central banks today don't have much room to cut interest rates. As Williams tells Jennifer Hill of Citywire's Investment Trust Insider: "We have recessions from time to time, but how do we get out of it this time?"

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