Mapping The World's Central Banks:
"Don't just do something, stand there (and say something)," appears to be the mantra for the world's central banks at the moment as $200bn of QE is puked across global asset markets every month and everyone promising to do more of what they started (Fed hikes and BoJ, ECB asset purchasing).
As Deutsche Bank explains, a dovish stance persists with most central banks in "wait-and-see" mode...
Which is no surprise, as global growth is expected to fall to its slowest pace post-crisis in 2016, following broad-based downgrades throughout this year..
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