2min chapter

Behind the Money cover image

Why central banks are baffling investors

Behind the Money

CHAPTER

Is It Part of a Broader Tightening in in Financial Conditions?

logic dictates, in a way, that when that process starts reverse, then the opposite should be true. So if there's a chance of d bilizing markets, why do the banks want to take this risk? It's, you know, again, complete mouthful, total nightmare. But quantitative tightening is part of a tightening process which goes hand in hand with raising interest rates.

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