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

Interesting chart of from 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 some way into their interest rate rising cycle already underway https://tradingeconomics.com/united-states/interest-rate.

Related stories:

https://www.bloomberg.com/news/articles/2017-06-28/rba-could-raise-rates-8-times-in-2-years-ex-board-member-says

https://www.bloomberg.com/news/articles/2017-06-27/draghi-says-stimulus-still-needed-even-as-euro-area-reflates

https://www.bloomberg.com/news/articles/2017-06-28/carney-says-boe-may-need-to-start-raising-rates-as-slack-erodes

http://www.smh.com.au/business/markets/central-banks-put-markets-on-notice-for-higher-borrowing-costs-20170628-gx0t4o.html

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