Thursday, July 6, 2017

Brian Romanchuk — Bank Of Canada Hawkishness Ramping Up

Developed central bank hawkishness has been increasing over the past weeks, signalling a new consensus (or groupthink) among global policymakers. Such a shift should not be too surprising, given the biases of central bankers. In particular, the shift by the Bank of Canada is a reversion to historical form; whether or not it will be disastrous remains to be seen.
Bond Economics
Bank Of Canada Hawkishness Ramping Up
Brian Romanchuk


Matt Franko said...

Still waiting for the Canada "banking crisis!" to happen...

Brian Romanchuk said...


Nobody's defaulting yet, hence no crisis. As long as Canada never has a recession again, everything is perfectly fine.