Fundamental: 'Nationalizing bond markets' left central banks unprepared for inflation, top HSBC economist says

The prolonged period of loose monetary policy after the global financial crisis equated to central banks "nationalizing bond markets," and meant policymakers were slow off the mark in containing inflation over the past two years, according to HSBC Senior Economic Adviser Stephen King. Central banks around the world have hiked interest rates aggressively ...     Alert Mar 31, 2023, 8:48pm Fundamental: 'Nationalizing bond markets' left central banks unprepared for inflation, top HSBC economist says The prolonged period of loose monetary policy after the global financial crisis equated to central banks "nationalizing bond markets," and meant policymakers were slow off the mark in containing inflation over the past two years, according to HSBC Senior Economic Adviser Stephen King. Central banks around the world have hiked interest rates aggressively ... View Story Edit This Alert     You've opted-in to receive Alerts from Forex Factory. • Unsubscribe from this content • Enable Do-Not-Disturb to pause all Alerts • Contact FF for Alert support