European Central Bank president Mario Draghi (left) and US Federal Reserve chair Janet Yellen speak before the G20 finance ministers and central bankers family portrait during the IMF/World Bank Spring Meeting in Washington in April 2014. Photo: Reuters
Nicholas Spiro
Opinion

Opinion

The View by Nicholas Spiro

Central banks tread on thin ice as markets question hawkish tilt

Make no mistake, the European Central Bank and the Fed are heading towards a major showdown with markets in the coming months.

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European Central Bank president Mario Draghi (left) and US Federal Reserve chair Janet Yellen speak before the G20 finance ministers and central bankers family portrait during the IMF/World Bank Spring Meeting in Washington in April 2014. Photo: Reuters
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