{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/6a13c15d-181a-4a2e-a662-739d0e7f731a/62fc1e82f018c40013788bdb?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"Why central banks are baffling investors","thumbnail_width":200,"thumbnail_height":200,"thumbnail_url":"https://open-images.acast.com/shows/615edd9c0cb78d1a6bda37d9/1653426925492-d0e5b9f095017884c93fe94bcacaacbe.jpeg?height=200","description":"<p>The Federal Reserve has spent more than a decade buying up government debt as part of a post-2008 program to support the economy, also known as quantitative easing. Now with inflation reaching record highs, those days are over, and a new era of quantitative tightening is emerging. On this week’s episode, the FT’s markets editor Katie Martin explains how markets expect to grapple with the change.&nbsp;&nbsp;</p><p><br></p><p>Clips from ABC, CNBC, CBS</p><p><br></p><p>- - - - - - - - - - - - - - - - - - - - - - - - - -&nbsp;</p><p><br></p><p>For further reading:</p><p><a href=\"https://www.ft.com/content/2c3fc086-b543-4efe-b696-8c84aa919b69\" rel=\"noopener noreferrer\" target=\"_blank\">Did QE cause inflation?</a></p><p><a href=\"https://www.ft.com/content/435a5e35-bf30-4518-a4fc-a6d5c2d66076\" rel=\"noopener noreferrer\" target=\"_blank\">The mystery of how quantitative tightening will affect markets</a></p><p><a href=\"https://www.ft.com/content/d86f459d-8516-43df-a251-39427c0ad29b\" rel=\"noopener noreferrer\" target=\"_blank\">Did central bank balance sheets really need to get so big?</a></p><p><br></p><p>- - - - - - - - - - - - - - - - - - - - - - - - - -&nbsp;</p><p><br></p><p>On Twitter, follow Katie Martin (<a href=\"https://twitter.com/katie_martin_fx\" rel=\"noopener noreferrer\" target=\"_blank\">@katie_martin_fx</a>) and Michela Tindera (<a href=\"https://twitter.com/mtindera07\" rel=\"noopener noreferrer\" target=\"_blank\">@mtindera07</a>)</p><p><br></p><p><a href=\"https://www.ft.com/content/8476d812-9996-48bb-b262-de57fb54f27b\" rel=\"noopener noreferrer\" target=\"_blank\"><strong>Read a transcript of this episode on FT.com</strong></a></p>","author_name":"Financial Times"}