Markets are exaggerating FOMC dovishness, says Goodhart

Ex-MPC member warns delegates at the FX Week Europe conference

seatbelt close up
Goodhart sees volatility ahead

Financial markets are exaggerating the dovishness of monetary policy-makers in the US and the UK, which could lead to a significant increase in volatility, as and when global liquidity conditions start to tighten, professor Charles Goodhart, ex- Bank of England monetary policy committee member, warned delegates at the 13th annual FX Week Europe conference.

Goodhart said the expansionary monetary policies pursued by major central banks, such as the US Federal Open Market Committee (FOMC), since

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: