Across the globe, central banks are getting nervous. Nowhere is this presumption more present than rate changes over the past month. Here’s a list of central bank rate changes over the past month. Denmark reduced their rate to -0.05%; Chile reduced their rate to 3.25%; Peru reduced their rate to 3.5%; People’s Banks of China reduced its repo rate; Romania cut its policy rate to 3.0%; Poland reduced its rate by 50 basis points; and Korea dropped its rate to 2%. Theoretically, the rate reductions are a result of central bankers becoming concerned about the health of certain economies. Let’s…
Four Reasons Central Banks Should Just Stop and Pause [CHARTS]
Harrison Roger
Roger is an economic adviser and active angel investor. He owns various economics firms. His work allows him a diverse group of clients across the globe, including the United States, Europe, and Asia. He holds a Ph.D. in business economics.