In 2013 the US Federal Reserve Chair Bernanke tried to indicate that QE should be rolled back, which caused a strong reaction from the markets. Subsequently, QE is still used, and one of the main questions in the financial markets today is: what will happen now that the rollback appears to be imminent?
The fear of an artificially inflated market that is dependent on the Greenspan-put is constantly lurking, but it might not be priced in? Inflation is showing up in more and more places, but is it only temporary? Has the rollback really come any closer? And how should central banks approach the rollback?
The Danish Finance Society has invited two speakers to shed light on this matter. From Denmark, Ulrik Bie, Economic Editor at the newspaper Berlingske, will speak on the outlook for the rollback of the central banks’ QE programs. From the United Kingdom, Scott Thiel, Managing Director and Chief Fixed Income Strategist at BlackRock Investment Institute will give us his view on the rollback.
