We had one central bank – the Bank of Japan – defying the consensus of central banks, the IMF, and taking on the financial markets and holding interest rates unchanged for the duration of this episode to date.
Economics
Ashoka Mody: Draghi’s Dangerous Farewell
The risks of further monetary stimulus measures by the European Central Bank outweigh the benefits. Additional stimulus will either amount to less than anticipated or will not be sustained – yet it could still undermine […]
Economics
Frances Coppola: The Irish Central Bank’s Fiscal Problem
Tensions arising between central banks and governments in the Eurozon, in response to attempt by governor of Central Bank of Ireland to dictate fiscal policy Read here
Economics
Heiner Flassbeck, Patrick Kaczmarczyk – Argentina: Devaluation and American interference, but no progress otherwise
No sooner had Javier Milei won the congressional elections with the help of unprecedented American interference in the election campaign than the libertarians regained the upper hand and once again celebrated the Argentine president’s economic […]
Be the first to comment