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Central banks need a new hero. Review as of 23.04.2021 ECB's | LiteFinance

Central banks need a new hero. Review as of 23.04.2021

ECB's attempts to let the Fed take the lead look awkward

While the Fed is dragging its feet, other regulators may get into a mess

When I was a child, my parents would put me on a chair and ask me to recite a poem. If they liked the poem, they would give me sweets. If they didn't, they would knock the chair away. Christine Lagarde knew well what insufficiently "dovish" rhetoric could do to the euro and European bond yields. So, she did all she could to frighten the EURUSD bulls with her speech at the ECB's meeting in April. Lagarde... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/6hsH