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
Notes of a talk with an American professional central bank analyst
Francesco Papadia
September 14, 2020
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(normal font my comments, italics his) FED The conclusion of the FED policy review, and the change in...
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Government-guaranteed bank lending: beyond the headline numbers
Francesco Papadia
July 17, 2020
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Loan guarantees have been a major part of the COVID-19 support packages offered by European governments to companies....
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Consultation on the impact of the judgment of the German Constitutional Court of May 5th 2020
Francesco Papadia
May 13, 2020
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A couple of financial market participants asked to consult me on the impact of the recent judgment by...
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A temporary, common fiscal stimulus answering the mayhem of COVID-19
Francesco Papadia
April 07, 2020
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A drawback in the design and implementation of the €-area is that we have complete monetary union but...
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Notes on the ECB
Francesco Papadia
April 03, 2020
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On April 1st I had a consultation with a group of managers from financial and corporate firms. These...
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