09/19/2016
Firstly, as you can tell from HSBC's chart below, the money people borrow to own a home accounts for more than 60% of all bank lending in Britain.
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.