Swiss Economicblogs.org
The consensus narrative from the Jackson Hole Symposium was the Yellen and Draghi used their speeches to argue against dismantling financial regulation and the drift toward protectionism. Many cast this as a push against US President Trump, but this may be too narrow understanding. Many investors were looking for policy clues, but these were not forthcoming. The December Fed funds futures contract was unchanged,...
Read More »Two Overlooked Takeaways from Draghi at Jackson Hole
