Report
Peter Warburton

Central bank embarrassment over tightening

The chair and governors of the US Federal Reserve returned with a renewed sense of purpose and raised the fund rate, an action that had seemed justyfied many months earlier. The results were not pretty, but the Fed spiked an episode of extreme complacency and speculation.  Could it be that last week's ECB  Forum on Central Banking in Sintra will be remembered for similar reasons?

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Economic Perspectives
Economic Perspectives

Economic Perspectives is a trusted provider of global macroeconomic and financial research with clients in North America, Asia and the UK.

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Analysts
Peter Warburton

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