BLOOMBERG Bloomberg Markets Middle East January 19, 2017
Will be ok. It is 8 00 in the arab emirates. I 5 00 in london. Shery i am shery ahn in hong kong, where it is midday. Welcome to Bloomberg Markets middle east. You are seeing them reacting to a stronger u. S. Dollar, rising for a second consecutive session. People listened to john yellen, because people are reacting to that. This extends to gradually reduce the level of Monetary Policy support. Changes in Monetary Policy take time to work their way into the economy. Waiting too long to begin moving to the neutral rate could risk a nasty surprise down the road, because too much inflation, finan...