Tag: monetary policy
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Why central banks are so reluctant to cut rates
Should tight financing conditions that are thwarting economic growth be lifted? As inflation keeps plummeting, cutting rates is a question of «when», not «if».
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Near-zero rates not doing the trick? Try negative interest rates
Whilst most central banks in the world are flirting with cutting interest rates, last week the Bank of Japan (BoJ) raised rates for the first time in 17 years – leaving its negative interest rate policy behind.
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Frankfurt’s verdict – the Eurosystem’s economic outlook
It’s that exciting time again – the ECB’s main decision-making body, its Governing Council, has set the key interest rates in the euro area. The European Central Bank’s president, Christine Lagarde, announced in a press release last week the Governing Council’s latest outlook for monetary conditions within the Eurosystem, strongly stating the direction of monetary…
Economitron 