Saturday, March 19, 2016

19/3/16: QE Corpses in One chart


A neat chart from @JPMorgan summarising the dynamics and relative levels of global QE efforts by the activist central banks:



Yes, Swiss National Bank is off the charts (alongside BOJ), and yes, ECB is now running ahead of the Fed. But no, all of this activism ain’t doing any miracles for anyone when it comes to unlocking the growth momentum.

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