Global Economy: Monetary policy

Our Market Optics chartbook contains data-driven insights that power our portfolio management teams’ views, ideas, and decisions. Each week, we’ll take a look a closer look at one of the charts.

This week’s topic: Global economy: Monetary policy

Global economy: Monetary policy
  • The crisis is coming to an end, so crisis policies are likely to go away soon. But how soon? For some central banks, they’ve already hiked rates (Russia and Brazil) or begun to taper their bond purchases (Bank of Canada). Others are pledging to be patient (the Bank of Japan, the Federal Reserve, the Bank of England, and the European Central Bank).
  • A lesson from the financial crisis is that removing emergency measures does not have to be disruptive to growth or markets if the measures are removed at a measured pace and while the economy is accelerating.

Originally Posted on June 17, 2021 – Chart of the week: Global economy: Monetary policy

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