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Reader Gary emailed a link to JP Morgan's Quarterly Market Guide. Here are a pair of charts from page 19 that caught my eye.
Central Bank Policy Rates
- Bank of England: 0.50%
- Bank of Japan: 0.10%
- Fed: 0.00%-0.25% (currently 0.14%)
- ECB: 0.05%
Central Bank Balance Sheets
- Other than asset bubbles, what do we have to show for this?
- Will the ECB follow Japan to "Nirvana"?
- When do asset sheet balances approaching 100% of GDP matter?
Mike "Mish" Shedlock