April, 21 2016 by lsr team

Dumas: The Power of Central Banks is Exaggerated

LSR Blog - Dumas: The Power of Central Banks is Exaggerated

Charles Dumas, director of Lombard Street Research, discusses the EU referendum’s impact on the UK unemployment numbers, and Bank of Japan Governor Haruhiko Kuroda’s latest comments on monetary easing. He says the Bank of Japan has no control over the currency market and that people have an exaggerated understanding of the power of central banks.

Click here to download and listen to the Bloomberg podcast or below to read his latest View on BoJ- the vanguard of central bank impotence.