But, this would
force central bankers out of their comfort zone and into what would be a contentious public debate over anonymity and financial censorship.
Their interest - rate moves used to follow the U.S. Federal Reserve, but more country - specific issues have
forced central bankers to do what they think is best for them.
Not exact matches
It's clear what the
central bankers are hoping for: they want us all to keep borrowing and spending and by providing negative real interest rates on cash
force us into riskier asset classes: notably stocks.
And you shouldn't expect to see these market underpinnings removed — monetary stimulus will remain a stop - go exercise as every last wobble scares the
central bankers, there's no real possibility the stimulus (to date) can ever be withdrawn, and ongoing financial repression continues to
force savers into equities (& other markets).
If avoiding a painful recession requires zero or negative interest rates that juice up asset prices and
force investors — through financial repression — to reach for yield and take more risk than they should, then — so the wisdom of today's
central bankers» goes — so be it.
Opposition from the United States, Saudi Arabia and others has
forced Germany to drop a reference to financing programs to combat climate change from the draft communique at a G20 finance and
central bankers meeting.