Global central banks agreed at Jackson Hole to tighten as quickly and brutally as possible. What we are watching in real-time is a global coordinated collapse…
by BoatSurfer600 When inflation becomes uncontrollable, central banks’ reactions tend to be disproportionately large, which is exactly what we are seeing in 2022. “Central banks need to be decisive on inflation, IMF’s Gopinath says” https://www.investing.com/news/economy/central-banks-need-to-be-decisive-on-inflation-imfs-gopinath-says-2881103 “Some ECB policymakers want 75 …