Ease In Our Time

Ease In Our Time By Micael Every, Global Strategist at Rabobank Yesterday saw the BOJ hike rates to 1%, the highest level since 1995, and the RBA hold at 4.35%, with some chatter of the next move being down, not up, despite inflation running way above 2%. Today it’s the turn of new Fed Chair Warsh who, like the other central banks, has to deal with a geopolitical backdrop which may or may not allow for any monetary policy easing. There, the text of the 14-point US-Iran MoU has been...