Policymakers: Too many Muppets for the week

Financial markets have been so discredited that any sensible solutions they might suggest are given short shrift by policymakers.

Almost too much has happened this week for me to fully comprehend. But if there is one common theme, it is that the lunatics appear to have taken over the asylum. So much so, that I may well have to institute a Muppet of the week prize.

In the UK, we have had the shocker(!) of unexpectedly high inflation data, a poorly received gilt auction and an apparent spat between the governor of the Bank of England and the prime minister over economic policy.

Thanks for your interest in Euromoney!
To unlock this article: