Tuesday July 7, 2020

Market Talk: Someone has to man up

The financial markets are in turmoil, but where is the leadership?

Ian Guider

Markets Editor

14th February, 2016
Janet Yellen, chair of the US Federal ReserveBloomberg

Who will blink first and attempt to end the turmoil in financial markets that’s threatening to spill over into the real economy?

It is going to take one of the central bankers from the US, Europe, England or Japan to step in and attempt to calm things down. So far, though, nobody wants to man up.

And perhaps the reason for that is central bankers know they have partly been responsible for what...

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