The argument for raising inflation targets is that it would give central bankers more room to use interest rate policy, but some investment industry executives have their doubts about the concept.
Tag : richard jerram
Watch for a debt crisis in China, keep allocating to developed markets and don't expect a US interest rate rise any time soon, advises the private bank's chief economist.
If the second round of quantitative easing succeeds in reviving US and global growth, Japanese equities could go on a tear, with the yen weakening and Japanese exports surging. But it's a big if.