Planet Forex by Abe Cofnas
Author:Abe Cofnas
Language: eng
Format: epub
ISBN: 9783319929132
Publisher: Springer International Publishing
We see in this classic statement from the Bank of England the mode of thinking that in fact all central banks employ regarding interest rate decisions. When economies are slowing down or weak, monetary and interest rate policies employ quantitative easing. When employment levels approach full employment and inflation reaches over 2%, quantitative tightening is the set of policy tools. It is a challenging balancing act.
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Read https://www.inflationreport.co.uk/ to get a detailed perspective from the Bank of England.
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