Europe: ECB Is Fighting Against The Recovery
Somebody should explain us how can a central bank afford to cut its balance sheet by some 30% when the economy is experiencing its worst crisis ever: here is monetary policy under ECB’s view Modern…
monetary policy
US: What Does “Monetary Policy Normalization” Really Mean ?
It’s not easy to understand what does Janet Yellen (and the other members of the FOMC) think of when she talks about “normalization”, how much can rates move upwards ? Now that’s a one billion…
As Expected, German Trade Surplus Has Just Hit A Record High
Following the beginning in the weakening of the Euro that started in June, German Trade surplus hit a record high in July: now we know that even Berlin needs a more accomodative monetary policy, but…