Confidence: Mark Carney

confidence: This incompetence and bluster is hardly inspiring global confidence, according to The Guardian. It was a coincidence, however, that on the same day the Bank of England's governor, Mark Carney, warned the annual gathering of the world's central bankers that the global economy was becoming over-reliant on the dollar. Mr Trump wants Mr Powell to lower rates to spur growth in the sputtering US economy and give him the upper hand with Beijing. That may have been fine when the US was viewed as a responsible leader of the world economy. There are reasons to worry. Mr Carney plainly thinks that is not the case today. (news.financializer.com). As reported in the news.

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