There’s been a £200 billion increase in the size of the UK money supply. I ask @profstevekeen what the impact of that might be, and who gets to control it?
Bond yields have fallen slightly. NAB’s Tapas Strickland suggests it might be down to expectation of more moderate language from the Fed as they try and rein in the response to their recent hawkish stance. https://t.co/GYk7GkwF94