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Sunday, 10/11/2015 9:31:31 AM

Sunday, October 11, 2015 9:31:31 AM

Post# of 39190
G30, Central bank cavalry can no longer save the world

...
A report by the Group of Thirty, an international body led by former European Central Bank chief Jean-Claude Trichet, warned on Saturday that zero rates and money printing were not sufficient to revive economic growth and risked becoming semi-permanent measures....

..;The flow of easy money has inflated asset prices like stocks and housing in many countries even as they failed to stimulate economic growth. With growth estimates trending lower and easy money increasing company leverage, the specter of a debt trap is now haunting advanced economies, the Group of Thirty said.

...The IMF has repeatedly urged the Fed not to hike rates yet.
http://www.reuters.com/article/2015/10/10/us-imf-cenbank-idUSKCN0S40VE20151010


Fed still plans rate hike this year, but not committed
http://www.reuters.com/article/2015/10/09/us-usa-fed-dudley-idUSKCN0S31WR20151009


Markets

Banks take spotlight as earnings season heats up|

Japan Inc sounds alarm on consumer spending

Fed still plans rate hike this year, but not committed

http://www.reuters.com/