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3Novices:Clock’s ticking for tighter money in the US, Britain and Europe

There comes a time when you can have too much of a good thing and the US Federal Reserve is finally putting markets on notice that the era of cheap money is at an end.
And it is not just America that is calling time on super-stimulus.
If global investors read the runes correctly, the clock is ticking for tighter money in Britain and Europe, too.
Last week’s quarter-point rate rise by the Fed was another warning the party is over for cheap and easy money and policy normalisation is the way…
June 20, 2017 at 04:33AM http://ift.tt/2tH9rrc
#3Novices #News #OnlineMedia #China 3Novices China

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