Central Bank's desire to unwind policy stimulus - ANZ

Analysts at ANZ explained that while most notable in the US, the desire to unwind policy stimulus appears to be becoming a wider theme of late. 

Key Quotes:

"Despite elevated levels of policy uncertainty, patchy data and inflation question marks, there have been hints along these lines from the likes of the BoE, ECB and BoC too."

"Perhaps the latest annual report from the BIS sums up why that is the case, noting that “Even if inflation does not rise, keeping interest rates too low for long could raise financial stability and macroeconomic risks further down the road, as debt continues to pile up and risk-taking in financial markets gathers steam... How policymakers address these trade-offs will be critical for the prospects of a sustainable expansion.”"