Even after the ‘mid cycle adjustment’, global policy rates are still too tight given economic data (global PMI).
Even after the 'mid cycle adjustment', global policy rates are still too tight given economic data (global pmi). pic.twitter.com/bQFT7lpult — Teddy Vallee (@TeddyVallee) August 6, 2019 Central banks around the world are surprising markets with aggressive rate cuts: Here’s why Central banks in New Zealand, India and Thailand all announced larger-than-expected cuts to interest rates … Read more