Tag: monetary policy
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The power of words
From ancient Greek rhetoricians to the modern-day everyman, words and the art of expression have been used for millennia as the precursor to communication. They have also shaped history.
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Visual guide to the euro area economy
The following data is sourced from either the statistical office of the European Union (Eurostat) or the ECB. The graphs and most of the text were originally created by the author for another work. A picture is worth a thousand words Finding the time to read the latest economic reports and analyses can be a…
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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…
