Has the BoJ signalled the end of QE as we know it?
That’s what David Keohane asks in yesterday’s FT Alphaville based on recent Citi and Goldman research notes. Citi’s Buiter: “In some ways, it is…
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It ain’t getting easier for central bankers . . .
Doubts about post-crisis monetary policy are finding their way into the mainstream with increasing regularity. What tipped the balance? Two main things, I think….
Read MoreAn Encore from Max Rangeley and Lord Turner?
It’s a pity Max Rangeley’s recent interview with Lord Turner couldn’t have run on a little longer. His last question, to my mind, closed…
Read MoreAh! Gold.
Gold’s swoon has triggered a good deal of schadenfreude, some subtle, some less so. It’s hardly a surprise after eleven years of gains and…
Read MorePity the central banker
If central banking were a stock, you’d go short. Blue-chip mystique still clings to it but you can feel the reputational parabola slowly gathering…
Read MoreHaldane’s “control rights (and wrongs)”
In the wake of the crisis, the question of whether financial markets are capable of effective self-regulation took centre stage. The near unanimous verdict…
Read MoreWhat to do, what to do
Martin Wolf has usually managed to moderate his inner interventionist. No longer, it seems. In a recent column, he casts caution aside: The time…
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