Weak U.K. Data: Brexit Blues or Slowdown Warning?
From the immediate possibility of Britain leaving the European Union to the longer-term consequences of aging populations, the world’s major central banks this week just aren’t sure what to do next. Officials from the U.S., Japan, the U.K. and Switzerland all opted to keep monetary policy unchanged this week as they await the June 23 Brexit vote and try to make better sense of the deep-seated forces shaping their economies. The lack of action by four of the most prominent central banks fueled perceptions among investors that monetary policy makers are increasingly at a loss about what to do in the face of a struggling global economy and distorted world financial markets. JPMorgan Strategist Alexander Dryden discusses with Bloomberg's Anna Edwards on "Countdown."