42 sats \ 1 reply \ @siggy47 24 Jun \ on: Eurozone Has Trapped Itself econ
Maybe you can answer this question for me. Since central banks have acted in unison in the past, and since the US and EU are supposed allies, shouldn't there be growing anger at the US for keeping rates high and exporting inflation? This applies even more so with Japan, another ally?
I believe that for two years now we have been able to say that the Fed has definitely moved away from climate policy and net zero and the ECB's zero interest rate policy. From my point of view, however, the Bank of Japan and its banking system remain an ally of the Fed.
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