Markets Retreat and Rebound

14 Pages Posted: 7 Mar 2019

Date Written: March 5, 2019


Shifting prospects for growth and monetary policy in major economies dominated market developments during the period under review.1 In December, investors’ concerns that monetary policy would remain on a firmer course, despite a softening global economy, drove risky asset prices sharply lower. Starting in January, an accommodative turn in policy and improved economic signals in the United States lifted those prices again.

Suggested Citation

Settlements, Bank for International, Markets Retreat and Rebound (March 5, 2019). BIS Quarterly Review, March 2019, Available at SSRN:

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