Mic Mills of Capital Index, joined us on the Tip TV Finance Show, to discuss central banks – Fed, BoE, BoJ, interest rates, and tax credits.
Key Points:
Mills notes how the FOMC has given clarity on their decision, and pushed for a possible December rate hike. The markets have been waiting for a clear message from the Fed.
Draghi will likely increase the amount of QE than cut rates as their first move.
Looking for clear direction from the Bank of Japan
Carney was more dovish recently. The Bank of England won’t hike rates so soon.
