U.S. Economic Policy Uncertainty Index High policy uncertainty can lead to recessions. Currently, U.S. economic policy uncertainty is higher than during the financial crisis. Image: Deutsche Bank Asset Allocation
Central Banks Policy Rates The Fed has more room than most other central banks in developed economies to cut further. Image: Financial Times
Emerging Markets Monetary and Fiscal Policy This chart puts monetary and fiscal policy in emerging markets into perspective (now to end 2020). Image: Capital Economics
U.S. Monetary Policy, Term Premium and Yield Curve This chart suggests when U.S. monetary policy is too tight or too loose. An inverted yield curve is a sign that monetary policy is too tight. Image: Fidelity Investments
Emerging Markets Monetary Policy vs. Economic Cycle (Leading Indicator) Chart suggesting that EM monetary policy easing is likely to increase economic activity in the coming months. Image: Topdown Charts
China’s Monetary Policy The Chinese banks’ reserve requirement ratio will be cut by 50 bps on January 6, to 12.5%. Image: Bianco Research
Economic Policy Uncertainty During U.S. Presidential Election Years Chart suggesting that historically, economic policy uncertainty is higher in U.S. presidential election years, particularly uncertainty related to tax policy. Image: Deutsche Bank
Historical Correlations of Asset Price Returns to Central Bank Net Cuts in Policy Rates The correlation between assets price returns and central bank rate cuts has been higher after the Great Financial Crisis. Image: BofA Merrill Lynch Global Research
Central Banks – Market Risk Trend and Economic Policy Trend Chart suggesting that risk assets’ sensitivity to political risks has been neutralized by central banks’ QE and dovish monetary policy stance. Image: Image: BofA Global Research
Monetary Policy and Fed Funds Rate According to market rates, monetary policy is more neutral than accommodative. Image: Danske Research