- Inflation has finally reached the FED’s target of 2%.
- Employment and GDP levels indicate we are in the late part of the economic cycle.
- Will the FED lose control over its monetary policy?
Global economies are all finally doing very well, or at least just well. You can’t expect economic skeletons like Europe to do very well. Nevertheless, monetary policies across developed markets are still supportive.
Supportive policies, from the ECB still buying bonds on the open market, to the BOJ buying ETFs, and the U.S. lowering taxes, indicate that all these economies would be very different without supportive policies. More →