Bond Market Asking 'How Far' BOE Will Go: HSBC's Major

The transcript discusses the strategies of central banks, particularly the Bank of England, in managing interest rate hikes and quantitative tightening (QT). It highlights the differences between QT and quantitative easing (QE), the importance of long run equilibrium, and the potential market reactions to these strategies. The discussion also compares the economic approaches of the UK and the US, emphasizing the role of inflation and the need for central banks to maintain a hawkish stance to influence market perceptions.

In what ways can the Bank of England's communication strategy impact market perceptions?

What are the potential risks of the Bank of England over-tightening its monetary policy?