Sao Bank's CIO Steen Jakobsen - "Central Banks Are Totally Lost"

tradingfloor.com  ( Original )
MAR 18, 2016

Steen Jakobsen

The main message from the Federal Reserve, says Saxo's Steen Jakobsen, was confirmation that it is aggressively pursuing a weaker US dollar policy. Although he says it won't save the world, he reiterates why a lower USD is so important for the global economy. Jakobsen also confirms that his view on central banks hasn't changed. "They are lost, totally lost," he concludes.