Dancing towards the end of QE

Constantin Gurdgiev on a 'super week' of meetings at the world's central banks, as the ECB continues to provide comfort to the Irish government and banks

15th December, 2017
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Things 'going swimmingly' in the euro area for the ECB. Pic: Getty

This week marked the end of the beginning of the end of QE. Oh, and it also marked the busiest five days in the central banking calendar of 2017.

And that is a hard enough task, requiring extremely cautious policy dancing and even more cautious public communications. The Fed and the PBOC led this week, both raising their rates.

The Fed: End of Yellen amidst a monetary calm

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