Central bank stimulus is distorting financial markets, BIS finds

Central bank stimulus is distorting financial markets, BIS finds

Bank for International Settlements sees a scarcity of bonds available for investors to purchase, squeezed liquidity in some markets, higher levels of bank reserves and fewer market operators actively trading in some areas. The unprecedented growth in central...
JPMorgan: The Fed Will Need To Restart QE Soon

JPMorgan: The Fed Will Need To Restart QE Soon

Earlier this week we received an unexpected email from a researcher at the Federal Reserve with an “urgent request” to provide the US central bank with details on an analysis we presented on Tuesday, according to which the Fed was about to be hit with a...