Faced with frothy market central bank is suggesting some tightening of monetary policy. Europe: What? NO! You out of your

Faced with frothy market central bank is suggesting some tightening of monetary policy.
Europe: What? NO! You out of your mind?
US: No. But Maybe later.
PBoC: Well. Let's see. if we took $12 bn out, what happens to repo?
@KangHexin @TomHale_
ft.com/content/357ef6… https://t.co/WBNjk9AlHE

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