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The weird resilience of the EUR - Guest: Jens Nordvig

Macro Mondays

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The Potential for a Game-Changing Move From Bank of Japan

Bank of Japan released its summary of opinions earlier this week. They wrote that they planned on discussing changes to the yield curve control with market participants ahead of doing the changes. I think we're in a regime where everything is so different from like global financial crisis, it's impossible to pre-hind anything here. We have an extreme turbo charge, pro cyclical monetary easing. Core inflation momentum is now running at 5% for many months in Japan.

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