Europa is in the rescue race. Governments across the currency area are launching billion-dollar programs to combat the aftermath of the pandemic. The expectations of the European Central Bank (ECB) to do their part in the trillion game were correspondingly high. But the monetary authorities have delivered even more than the financial markets had hoped … Read more
I.n hurriedly scheduled emergency meetings, monetary politicians in almost all major economies have announced several hundred billion programs that add up to trillions of dollars. A real tsunami of liquidity is rolling in on the markets and economies. This creates a danger reminiscent of the 1920s: the return of inflation. Even if the big price … Read more
economy Response to Corona Crisis Dax falls by over twelve percent, Wall Street with the largest loss in 33 years – – Status: 9:43 p.m. | Reading time: 2 minutes This is how the ECB responds to the corona crisis – – At its council meeting, the ECB discussed monetary policy assistance to the economy … Read more
Nnegative interest rates? Actually, that cannot be, is the argument that corresponds to the gut feeling of many citizens. Some experts, in turn, attribute the change in interest rates to negative results from wrong economic and monetary policy decisions in recent years. A long-term scientific study by Harvard scientist Paul Schmelzing now sheds new light … Read more
Nnegative interest rates? Actually, that cannot be, is the argument that corresponds to the gut feeling of many citizens. Some experts, in turn, attribute the change in interest rates to negative results from wrong economic and monetary policy decisions in recent years. A long-term scientific study by Harvard scientist Paul Schmelzing sheds new light on … Read more