Geoffrey Yu: Markets No Longer Believe in Monetary Policy

The video discusses the impact of political and economic uncertainties on markets, focusing on political risks, currency market dynamics, and skepticism in monetary policy. It highlights the need for structural reforms to enhance the effectiveness of monetary policies. The discussion includes the influence of currency markets on policy decisions, particularly in Japan and China, and the challenges faced by central banks in managing economic stability.

In what ways are central banks and politicians expected to interact according to the speaker?

What challenges are mentioned regarding structural reforms in the current economic climate?