tag:blogger.com,1999:blog-8290544642025682538.post3796891220751395992..comments2024-03-07T20:31:22.418-07:00Comments on Central Bank News: What Will 2012 Bring for Global Monetary Policy?centralbanknews.infohttp://www.blogger.com/profile/16294624977261903583noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-8290544642025682538.post-74563597090399041052011-12-28T02:15:22.903-07:002011-12-28T02:15:22.903-07:00Staying at the high level, I would guess the "...Staying at the high level, I would guess the "all" line will drop downwards a little more and then move back upwards in the later half of 2012. I don't think 2012 will be an apocalypse, but there will be a short breather before growth picks up smartly in the second half of 2012. 2013 will be the interesting year for monetary policy I reckon.Calnoreply@blogger.comtag:blogger.com,1999:blog-8290544642025682538.post-67371429405747873242011-12-27T14:44:59.122-07:002011-12-27T14:44:59.122-07:00Some for the controversy:
-Bernanke leads the Fed ...Some for the controversy:<br />-Bernanke leads the Fed into another round of QE, political backlash sees BB issued with marching orders.<br />-German ECB staffers all quit as a protest against increasingly aggressive monetary policy to stem the contagion from the debt crisis.<br />-New Fed boss increases interest rates as inflation begins to spiral upwards in the US as economic recovery gains momentum.<br />-At least one central bank goes insolvent and requires a bailout.<br />-Emerging markets sow the seeds of future hyperinflation by overreacting to the EU debt crisis and slowing global growth.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8290544642025682538.post-90882641900711846762011-12-27T14:32:08.028-07:002011-12-27T14:32:08.028-07:00I'll go first:
1. ECB cuts another 50bps, and ...I'll go first:<br />1. ECB cuts another 50bps, and eventually capitulates and does large scale quantitative easing.<br />2. China cuts RRR and 1 year rate about 500bps and 150bps respectively.<br />3. US Federal Reserve does nothing further on monetary policy except tinkering.<br />4. Frontier markets drop rates en mass on the back of slowing commodity prices, trade.<br />5. Bank of Japan continues to pour trillions of yen down the tubes in its APP.Econ Grapherhttp://www.econgrapher.comnoreply@blogger.com