- Jimmy Jean • Randall Bartlett • Francis Généreux • Tiago Figueiredo • Hendrix Vachon
Weekly Commentary
No Time to Blink
May 6, 2022
Like the Bank of Canada a few weeks before, the Federal Reserve (Fed) delivered a supersized rate hike on Wednesday. It also announced that quantitative tightening would begin on June 1. The Bank of England hiked by only 25 basis points this week, though it continued to tee up outright sales of government bonds—a step no other major central banks have taken since they started using their balance sheets as policy tools.