Category : ECB
-
The European Central Bank’s timid operational framework and what it is missing
Together with Giulia Gotti Abstract In March 2024, the European Central Bank published the results of a review...
-
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...
-
Until when will the US and the €-area be awash with central bank liquidity?
If you are impatient, my tentative answer to the question in the title is: 2022 for the...
-
Central banks: from omnipotence to impotence?
(()) Like the price of financial assets, the market assessment of the capacity of central banks to achieve their...
-
A new arrow in the quiver of the ECB and the BoJ.
Both the European Central Bank and the Bank of Japan are struggling to regain price stability, defined as...
