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The Squeeze On Global Liquidity Has Barely Begun
The Squeeze On Global Liquidity Has Barely Begun By Simon White, Bloomberg markets live reporter and analyst Don’t let the cacophony of central-bank rate-hike announcements mislead you: global policy settings are still historically loose. Monetary policy has room to tighten much more significantly, leaving asset prices exposed to further, potentially material, downside. This week the Riksbank in Sweden unexpectedly hiked 100bps, on Wednesday the Fed delivered its fifth consecuti
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