The world’s central banks are wrestling with a gigantic problem ^99.9%

The Japan Times - By Jeff Sommer - 5/2/2026, 5:25 AM

Ambiguity (Equivocation) 69.2% - Negativity Bias 54.8% - Recency Bias 30.8%

The world’s leading central bankers are stuck. In stately succession in the past week, policymakers in Tokyo, Washington, London and Frankfurt decided that despite long-stated intentions to shift short-term interest rates, this was not the time to take action. In each case, they concluded that they had better just leave short-term... more