Upset about death of Fed watching? Come to Asia

According to this article from Bloomberg, published Wednesday 19 July, the Federal Reserve has so comprehensively demystified what it does, that anyone can become a Fed watcher.

"Just as video killed the radio star, transparency is killing what once was a sexy Wall Street gig," it says.

"Ditto for those following the European Central Bank. Using words and phrases like 'vigilance' and 'strong vigilance' on inflation, it has created a sort of code that arguably has reduced the need for ECB watche