Central banks following a cautious exit strategy

Decisions by the Federal Reserve and other central banks this week to extend asset purchase and liquidity schemes signal that they are staying cautious about the strength of the recovery, despite a summer of good news from the markets and the economy at large.

The Federal Open Markets Committee said on September 23 it would keep target rates low at 0-0.25%, and would purchase "a total of $1.25 trillion of agency mortgage-backed securities and up to $200 billion of agency debt" over the next six

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: