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.
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Recent Posts
Has Bernanke provided a helping hand to Draghi?
Francesco Papadia
September 24, 2013
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In a previous post I stressed the tug of war between the Governing Council of the ECB and...
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Upward bias vs. downward bias: who will win?
Francesco Papadia
September 16, 2013
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ECB President Draghi confirmed, at the last press conference on September 5th, the unanimous view of the Governing...
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A China-USA monetary Union?
Francesco Papadia
September 09, 2013
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Much has been made, while discussing the euro-area crisis, of the fact that countries using the euro have...
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“Forward with forward guidance!” OR “Much ado about nothing?
Francesco Papadia
August 22, 2013
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Many central banks in advanced economies have engaged in some form of forward guidance. The latest to tread...
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Hurray, a crisis!
Francesco Papadia
August 08, 2013
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The European phase of the Great Recession that started in May 2010 has produced huge damage: ask unemployed...
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