Why The European Central Bank Is Trapped

Author Lyn Alden | Published by Goldbroker ™ | Jun 26, 2022
Views 1030

Much like the 1940s, many developed market central banks are trapped. They can’t raise interest rates persistently higher than the prevailing inflation rate, and instead are stuck with slowly moving interest rates up, jawboning forward guidance, yield curve control, and trying to inflate some of the...

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