Money matters? Perspectives on Monetary Policy
A blog by Francesco Papadia, providing a personal perspective on monetary policy developments drawing from an experience of 40 years in critical positions in central banking.Recent Posts
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Should we care about central bank profits?
Executive summary Central banks are not profit-maximising institutions; their objectives are rather of macroeconomic nature. The European Central...
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Some disparate notes
I have recently given some interviews and participated to meetings with investors. To prepare for these events I...
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Mini-BOT in the government programme of the Five Star Movement and the League
Introduction Italians, fellow Europeans, savers and financial markets as well as the entire global community are eagerly looking...
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The effects of Brexit on UK growth and inflation
Ben Bernanke, former president of the US Federal Reserve, had an interesting exchange with a US senator on...
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The exchange rate and inflation in the €-area: words following facts
Some observers have been quite surprised by the repeated, unusually pointed, reaction of ECB President Draghi in his...
