Summary:
Markets are already on to this. But the Fed will soon be joined by other central banks in tightening policy. Where I spoke of policy divergence last September, now we can speak of policy convergence.... Of course, the zombies will get it wrong as usual. Credit Writedowns Global Policy ConvergenceEdward Harrison
Topics:
Mike Norman considers the following as important: central banking, policy convergence
This could be interesting, too:
Markets are already on to this. But the Fed will soon be joined by other central banks in tightening policy. Where I spoke of policy divergence last September, now we can speak of policy convergence.... Of course, the zombies will get it wrong as usual. Credit Writedowns Global Policy ConvergenceEdward Harrison
Topics:
Mike Norman considers the following as important: central banking, policy convergence
This could be interesting, too:
Mike Norman writes Breaking Market Trends — Brian Romanchuk
Mike Norman writes Bill Mitchell — The central bank independence myth continues
Mike Norman writes Central Bank Objective Functions — Brian Romanchuk
Mike Norman writes Christine Lagarde — Interview in “Challenges” magazine
Markets are already on to this. But the Fed will soon be joined by other central banks in tightening policy. Where I spoke of policy divergence last September, now we can speak of policy convergence....Of course, the zombies will get it wrong as usual.