'Central banks can do nothing': Jakobsen

Just over a year ago Saxo Bank chief economist Steen Jakobsen said that a "new nothingness" of zero-bound rates and policies was keeping the world in a state of torpor. This year we have seen all manner of anti-establishment political movements but central banks remain on course. Where do we go from here?

from Steen Jakobsen - Authored content https://www.tradingfloor.com/posts/central-banks-can-do-nothing-jakobsen-7641241?utm_medium=tf4-feed&utm_source=extract