Politics is turning the screws on QE infinity

We have all experienced that awkward moment during a night out. The lights turn on, the volume softens. You look around: some people are still dancing. The quantitative easing party is nearing its end: the European Central Bank, the Federal Reserve, the Bank of England, the People’s Bank of China, Bank of Japan and Bank of Canada have all signalled a hawkish turn in policy over the past few weeks.

Why did central bankers all turn together, and why now?

To continue reading, please log on to The Financial Times.

  • Twitter Social Icon
  • LinkedIn Social Icon
  • YouTube Social  Icon

© 2008-2020. This website represents personal views only. It is not linked to the Algebris Investments group nor Algebris managed funds.