Natixis - As was predictable, global monetary policy is becoming procyclical

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Natixis

Patrick Artus

As was predictable, global monetary policy is becoming procyclical

The global economy is going to see a slowdown in its growth, which could be amplified by rising uncertainty and risk aversion. Just when this slowdown is starting, global monetary policy is becoming less expansionary ( interest-rate hikes, slowdown in liquidity), and is therefore becoming procyclical . This was unfortunately to be feared, since a very expansionary global monetary policy was maintained very late in the cycle.

24/07/2018 6 EN

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Natixis

Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.

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Analysts

Patrick Artus

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As was predictable, global monetary policy is becoming procyclical

Section 899: A tool to increase revenue or to change foreign tax policy?

ECB Takes Summer Pause to Preserve Monetary Policy Flexibility

La BCE en pause estivale afin de garder « l’optionalité » de sa politique

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