M3, Credit, Inflation
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Central bankers cannot stop this contagion
10.03.2008
By: Wolfgang Münchau
Cutting interest rates gives the worst of all worlds: no economic relief, plus a rise in inflationary expectations.
Forget about Q2
10.03.2008
By: Eurointelligence ECB Watch
Forecasters are underestimating the rising importance of monetary analysis in the ECB's decision making framework. A rate cut is not very likely.
Why the Fed should not prevent a US recession
18.02.2008
By: Paul de Grauwe, K. U. Leuven
The US needs a higher savings rate. There is no way around it.
Who would have thought that?
14.02.2008
By: Eurointelligence ECB Watch
The euro area economy turned out to be quite resilient during Q4, while the US was already heading for recession. We stick with our view that a rate cut is definitely not on the agenda for quite some time to come.