Global Central Bank Positioning [CHART]

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Let’s take a glance through the cross-hairs at this scope of global central bank positioning from Nomura.

The U.S. Federal Reserve and the Bank of England are both currently in strong economic cycles (one might argue…) and employing dovish monetary policy, but are shifting more hawkish. The European Central Bank is currently in a weak economic cycle, but is also dovish, and becoming more so.

Global Central Bank Positioning [CHART]

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