◀ The Principal Blog

Posts tagged ‘monetary policy’

I Want to Hold Your Hand: Forward Guidance & the Power of Central Bankers

Oh yeah, I’ll tell you something I think you’ll understand When I say that something I want to hold your hand -          “I Want to Hold Your Hand,” The Beatles Hand-holding is getting to be very popular with the world’s major central banks. Effectively constrained by zero or…

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Two Holds, Nine Cuts, One Hike – Now What?

Monetary accommodation was on the rise in May. Of the twelve major bank meetings during the month, nine resulted in cuts, two central banks held policy steady, and only one actually increased rates to control inflation. Two Holds While the Federal Reserve didn’t change direction, it sent mixed…

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