We are in many ways experiencing 2007 all over. The BoJ is considering a move on the policy rate, the ECB is in a hawkish denial, while the Fed is undeniably still the most sensible “pauser” of the three.
![G3 Central Bank Watch: More fuel to the 2007 = 2023 analogy](https://stenoresearch.com/wp-content/uploads/2023/06/Central_Bank-1-1080x675.png)
We are in many ways experiencing 2007 all over. The BoJ is considering a move on the policy rate, the ECB is in a hawkish denial, while the Fed is undeniably still the most sensible “pauser” of the three.