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White Papers

Central Banks of the World: Yield to the Markets!

While some may blame the past year's market volatility on China’s economic slowdown, falling commodity prices, or Brexit, this paper discusses the possible culpability of some overzealous monetary policies. Has the Fed been too hawkish? Are the aggressive policy steps taken by the BoJ and the ECB perhaps inflicting more harm than good? We also consider where policies are headed next and why this backdrop may be good for the bond markets.

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All white papers posted were created by the listed authors who are solely responsible for the research, finding and all materials contained therein. Pensions & Investments has not verified or edited the materials (other than for length and style) and does not necessarily agree or disagree with the analysis and positions expressed by the authors. Reference to any company, product or service does not imply recommendation or sponsorship by Pensions & Investments.

For more information on submitting a white paper, please contact Richard Scanlon at rscanlon@pionline.com or 212-210-0157.