Category: Analysis
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Price-setting ability in money markets
The market structure for unsecured overnight lending can influence both liquidity conditions and interest rate pass-through.
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Giving meaning to words (with numbers)
Sentiment analysis helps track the language used in economic policy – and how it develops over time.
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Untangling liquidity cycle asymmetry
The 2022-2024 rate hiking and cutting cycle is an excellent case study for monetary policy transmission.
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What the private sector thinks of governments’ spending splurge
It is substantively true to characterise current noncrisis government spending patterns as something unprecedented in modern history.
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Visual guide to the euro area economy #2
For the second year running, here are the 20 (+1) best charts to describe the current situation in the eurozone economy.
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Fed v. ECB interest rates: which are better?
Looking into how two giants across the Atlantic compare.
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Deep dive: did monetary policy cause the Great Depression?
The Wall Street Crash of 1929 set off one of the largest market panics in modern history. What made the Great Depression Great, however, was monetary policy.
