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16:03 Apr 10, 2018
English to German translations [PRO] Bus/Financial - Investment / Securities
English term or phrase:central banks in transition
***Central banks in transition***
Turning point draws closer
We argued at the start of the year that global central banks would remain generally accomodative even as they started the slow process of normalizing their balance sheet. We thought that their caution would continue to support risky assets overall, although uncertainty around the FOMC’s composition and other central banks’ leadership could worry markets. So far, personnel changes have been handled well, with the makeover of the Federal Reserve well underway under the new leadership of Jerome Powell. The ECB transition will occur later this year.
***Notenbanken im Wandel***
Die Zinswende rückt näher
Zu Beginn des Jahres schrieben wir, dass die Notenbanken zwar mit einer allmählichen Normalisierung ihrer Bilanzen begonnen hatten, dass sie jedoch insgesamt ihre lockere Geldpolitik beibehalten würden. [...]