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Top central bankers vow to talk investors out of easy money

They promise to guide investors as they slowly withdraw monetary stimulus rolled out during the financial crisis

Published Tue, Nov 14, 2017 · 09:50 PM

Frankfurt

FOUR of the world's top central bankers promised on Tuesday to keep guiding investors about future policy moves as they slowly withdraw the extraordinary monetary stimulus rolled out during the financial crisis.

After pumping some US$10 trillion into financial markets since the 2008 crisis - driving them to record highs - the Federal Reserve, the European Central Bank, the Bank of England and the Bank of Japan are now trying to wean investors off easy money without causing an upset.

To do this, words will be key, the heads of the four central banks told an ECB conference on communica…

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