Have Global Central Banks Lost Credibility With Markets?

The video discusses the challenges central banks face with diminishing monetary policy effectiveness and skepticism. Experts suggest limited room for interest rate cuts and explore alternatives like QE and fiscal policy. They emphasize the distinction between market reactions and economic realities, noting the impact of trade issues and upcoming elections on economic growth. The consensus is cautious optimism, with a focus on fiscal policy and the 2020 election's influence.

What factors are influencing market perceptions of central banks' actions?

How is the upcoming 2020 election expected to affect economic growth according to the discussion?