
ECB, BoE, BoCanada signal coming end of ultra-easy money
Where are central banks at in their interest rate rising cycle? The following chart comes courtesy of John Kicklighter It seems that there was a "co-ordinated" set of announcements from Bank of England, European Central Bank and Bank of Canada after a central bank meeting last week. Each of these central banks are flagging the nearing of the end of ultra-easy monetary policy - and that the time to start normalising interests rates is approaching. Of course, the US Fed is som