Money manager Macquarie Allegiance compares the actions of the US, EU and Chinese central banks over the last decade and how certain trends may be fading. "A lot of attention is on the Federal Reserve policy outlook, unsurprisingly because the economy is proving strong and the second round of quantitative easing is scheduled to end in June 2011. However, an international perspective would suggest that the Fed is no longer leading global policy; in fact the Fed is likely to be the next to last major developed country central bank to tighten monetary policy."
Money manager Macquarie Allegiance compares the actions of the US, EU and Chinese central banks over the last decade and how certain trends may be fading. "A lot of attention is on the Federal Reserve policy outlook, unsurprisingly because the economy is proving strong and the second round of quantitative easing is scheduled to end in June 2011. However, an international perspective would suggest that the Fed is no longer leading global policy; in fact the Fed is likely to be the next to last major developed country central bank to tighten monetary policy."