Well, I guess that's good :-D .... but the 'mostly' caveat is a wee bit of a worry
Goldman Sachs commenting on the conference in Frankfurt today (Tuesday 14 November 2017 ) which will have remarks from
- European Central Bank President Mario Draghi
- Federal Reserve Chair Janet Yellen
- Bank of Japan Governor Haruhiko Kurod
- and Bank of England Governor Mark Carney
Those big four will be speaking on a panel.
Goldman economist Jan Hatzius will speak separately at the two-day gathering and he does not appear to want to get any of the central bankers offside, contributing to a GS report which says the CBs:
- are "quite successful in communicating their policy messages" ... "Although specific episodes of unintended communication are not hard to identify, we find that markets listen closely to central bankers and focus primarily on their guidance about monetary policy as opposed to the growth outlook."
