Rich pickings: Tales of central bank credibility



"Maintaining the debt is an important part of central banks' objectives even if they don't openly talk about it."

Salman Ahmed
Global Head of Macro
and Strategic Asset Allocation




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Tales of central bank credibility

Efforts to mitigate the economic impact of Covid-19 have left us with debt mountains higher than after the second world war. As governments begin to roll out big post-pandemic fiscal programmes and increase the debt still further the role of central banks becomes increasingly vital to the stability of government finances. What does that mean for the functioning of global markets and the construction of portfolios?

In this month's Rich Pickings Richard Edgar talks to Fidelity International's Head of Global Macro and Strategic Asset Allocation Salman Ahmed together with portfolio managers Charlotte Harington and Tim Foster. With additional contributions from Global Chief Investment Officer Andrew McCaffery.