Listen: Stri Leah Museum, US And Japan discussed on Biz 1190 Overnight featuring Bloomberg Radio
"Needs to go. Anyway. We've just seen. Jeff, the the Stradey and evasion. Data miss and again, the market runs up. It's a more rate cuts. But is this not reflective of were we all maybe on the world stage, which is Europe. The cool inflation is missing in the US. We're not breaking the two percent level on the PC is aggressive. The fed like we have a global lack of lift-off. What does that mean for policy responses in twenty nineteen you talk about targeted and surgical? What does that globally? I think actually central banks globally with the exception of the Federal Reserve, which at least went through the process of seamy, normalizing writes off the financial crisis and leaves them in the position of all at the moment to act on a monetary policy basis. Doesn't look good for. For block such as the European Union. You could look at stri Leah museum. Japan with rights are at record lows or zero Saint they've already guy end all have already engaged in quantitative easing programs still having any inflation. And this is why the bond market is yelling to us. Is that perhaps things aren't quite so rosy in the equity market after globally. I still feel that. That we can see interest rates move Loa. But I feel that central banks are much poor position now than any time in the last ten years to actually the economy out using monetary policy toes.."