Report
Peter Warburton ...
  • Tom Traill
  • Yvan Berthoux
EUR 1445.13 For Business Accounts Only

Market Focus October 2019

Whatever it takes

Their willingness to undertake dramatic policy interventions is undiminished, but central banks’ freedom to do so is severely limited in the wake of the global financial crisis. The ECB is in dire need of a new bazooka but fears the political backlash from the extension of QE deeper into private sector assets. The US Fed’s challenge lies in the realm of liquidity and the emergence of desert and wilderness places in the US financial system. As trust evaporates, the distinction between the elite counterparties and the rest will become progressively wider, reflected in risk spreads.

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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.

EP research weaves complex and diverse information into coherent macro narratives, providing clear analysis and original market insights for global investors. Our clients benefit from our long experience in connecting economic developments with the credit and financial market outlook.

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Analysts
Peter Warburton

Tom Traill

Yvan Berthoux

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