Thursday, September 21, 2017

"Global macro in one page - Where is that inflation?"

From AMPHI Research & Trading via Disciplined Systematic Global Macro Views, Sept. 10:

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Where is that inflation? Central banks have this fixation on 2% inflation as both a goal and a signal. Policies have been structured for the magic 2% and signals for balance sheet action are based on the inflation hitting 2%, yet current inflation has not been able to reach this number....MORE