Analysts Stunned After Lagarde Demands "Key Role" For The ECB In Climate Change Having failed miserably to "trickle down" stock market wealth for a decade as was their intention, something Ben Bernanke made clear in his Nov 4, 2010 WaPo op-ed, central banks have moved on to more noble

Authored by Raul Ilargi Meijer via The Automatic Earth blog, A point BOE Governor Mark Carney made recently may be the biggest cog in the European Union’s wheel (or is it second biggest? Read on). That is, derivatives clearing. It’s one of the few areas where Brussels stands to lose much more than

Having sent cable 4 big figures higher after his hawkish comments last week, BoE Governor Carney is out desperate to reassure markets he won't break anything by explaining that any rate hikes will be "limited and gradual." Cable has started to leak lower on the headlines... “There remain

"Transitory..." If you look really hard at the chart you may notice the one "asset" in the world that 'agrees' with US equities... and given the hawkish hammering from Carney, Poloz, Drgahi, Yellen, Williams, Harker, and Fischer, what do you think happens next?

Now that Trump finally figured out he needs lower interest rates to preserve the debt-funded "growth" of the US and prevent the $20 trillion in government debt from spontaneously combusting (as higher rates lead to higher interest outlays, resulting in even more debt and so on)... ...