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Tapering Doesn’t Mean Tightening for Central Bank Money Printers

(Bloomberg) -- Global monetary policy looks set to stay super easy well into 2022 even as central banks edge closer to dialing back their emergency support in the face of mounting inflation pressures.In the last week, the U.S. Federal Reserve signaled it will start paring its massive bond-buying as soon as November and the Bank of England hinted for the first time that it may raise interest rates this year. Norway became the first developed economy to hike and borrowing costs were also increased in Brazil, Paraguay, Hungary and Pakistan.  Read More

from Financial Post https://ift.tt/3AHyYU9
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