Should-Read: Financial Times: The Fed and ECB keep a cautious eye on the exit https://www.ft.com/content/a0180496-1b7b-11e7-a266-12672483791a: “Making a promise… and then breaking that promise tends to have more severe consequences for central banks… …building up credibility for fighting deflation is as important, if not more, than keeping inflation down. Whether to hold on to assets and … Continue reading Should-Read: Financial Times: The Fed and ECB keep a cautious eye on the exit