Central banks must play economic maneuvers in the dark

Financial Times/Editorial Board/5-6-2022

artistic rendering of art deco jazz band“This week, the economic mood music changed into a more anxious minor key, as recent shocks to developed world economies have echoed longer and louder than had been expected. Whatever you thought about the economy a week ago, you should be a little more worried than you were.”

USAGOLD note: Every once in a while, a journalist produces a piece that captures the moment. This editorial posted last week in Financial Times will resonate with many of you – background music for the movie being played. Though intended as a general overview, the final warning is unambiguous: “Investors should be clear that policymakers’ signals about what they intend to do in the future cannot be very trustworthy when the future is so murky.”

Share
This entry was posted in Today's top gold news and opinion. Bookmark the permalink.