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Monthly Archives: November 2011
Feel sorry
“You’ve got to feel sorry for the people at the Fed who have to keep cleaning up the mess that the fiscal policy makers leave,” MacGuineas said. More in Bloomberg’ story: Central Banks Ease Most Since ’09 to Avert Europe-Led … Continue reading
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It is your chance to win £250 000!
You JUST need to answer to a question: how to manage the orderly exit of one or more member states from the European Monetary Union. The Wolfson Economics Prize, second in the amount after the Nobel Prize is founded by Lord … Continue reading
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Oh no! They finally did it! Bini Smaghi quits the ECB!
In the official press release from yesterday, November 10, 2011, the European Central Bank announces that Lorenzo Bini Smaghi “will resign from his position prior to the end of his term of office on 31 May 2013 to join Harvard … Continue reading
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The enter of the dragon!
Mario Draghi, the new ECB president has started his presidency with an interest rate cut. Considering average EMU inflation being higher than the target “below but close 2%”, what is the policy ECB having now? Promoting growth at the cost … Continue reading
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