Market consensus on ECB doesn’t add-up – BTMU

BTMU said the ECB doesn’t want total clarity BTMU FX Strategy Research doesn’t agree with the market consensus on the ECB monetary policy decision on Thursday which has quickly come around to this “lower for longer” type plan, expecting a cut from EUR 60bn to EUR 30bn from January with QE extended through to September. Copyright…

The media is slowly tearing-down every Fed chair choice

Pundits doing punditry Four years ago, there was a race between Janet Yellen and Larry Summers to head the Federal Reserve. If you read the commentary at the time, it was hawk (Summers) vs dove (Yellen). In addition, every detail of Summers’ long public life was rehashed. Every slip-up, every mistake was dissected. Copyright 2015…