monetary

Markets addicted to inflationary monetary policy have central banks over a barrel

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Markets addicted to inflationary monetary policy have central banks over a barrel, says ADRIAN LOWERY: So savers face negative real interest rates for years to come By Adrian Lowery for Thisismoney.co.uk Published: 07:47 BST, 16 April 2021 | Updated: 07:47 BST, 16 April 2021 Global markets have got central banks over a barrel.  Both bond … Read more

ALEX BRUMMER: The worst is not over for the monetary system

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As the spread of Covid-19 ramped up in March, financial markets came close to their own lockdown.  It required large-scale interventions by central banks on both sides of the Atlantic to stop a credit crunch. The Bank of England slashed bank rate to 0.1 per cent, the Federal Reserve injected huge liquidity into the system, … Read more