MacroVoices #346 Louis-Vincent Gave: The Xi Pivot vs. The Powell Pivot
Macro Voices
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The Bank of England Adopts Yield Curve Controls
The Bank of Japan was the first to go into zero interest rates, right? And so now you have a Bank of England that is adopting yield curve controls just like the Bank of Japan. You know, my take is we'll all end up with yield curve controls. Except of course, the countries that didn't follow crazy monetary policies and crazy fiscal policies who didn't blow out their government debt to kingdom come.
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