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Bond investors and central banks
FT News Briefing
Central Bankers Shrug Off Investors
6min Snip
00:00
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The market has got used to being spoon fed by central bankers. The situation that we find ourselves in now is that inflation, which most central banks target, is hard to understand and really hard to predict. For some central banks, communication is slightly all over the place. And sometimes the market will say, we think we know best. We talked about this last week in the wake of the european central bank meeting. Christine the guard said, hey, you know, i don't work for investors. I work for the blocks economy aAnd they blatantly shrug off investors because they think that they know better when it comes to what's going to happen with inflation.
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