09/19/2016
After Brexit, everyone turned immediately to the central banks and relied on us to calm the waves and give politics the time to sort itself out”, said the German central banker who also sits on the ECB’s board.
09/16/2016
When ECB president Draghi said (during the press conference after the ECB’s meeting on 08/09/16) that the monetary transmission mechanism had never worked better than it does currently, he was probably deliberately exaggerating.
09/15/2016
The strong cash position, approximately triple what it should be, is particularly worrisome due to falling interest rates.
09/14/2016
In the traditional banker view, governments only get in the way, budgets are for balancing, and spending is for cutting.
09/14/2016
The government’s draft legislation to introduce George Osbourne’s proposed Lifetime ISA scheme has divided the industry, with many experts concerned about complexity and potentially penal exit charges.