Antonio Fatas on the Global Economy
Thursday, June 2, 2016
The asymmetry of inflation or the ECB?
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From this Financial Times article : In yesterday's press conference Mario Draghi was asked about the possibility of changing the ECB...
Tuesday, May 31, 2016
How informative is the slope of the Yield Curve?
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The yield curve is becoming flatter. The difference between the 10-year and 2-year government bond is now approaching 1%. The yield curve te...
Wednesday, May 4, 2016
World growth: mediocre or pathetic?
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The recent disappointing performance of the world economy has been labelled as the "new mediocre" by Christine Lagarde , the ...
Tuesday, March 29, 2016
Central Banks need to get real (not nominal)
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While the ECB and Bank of Japan are exploring negative interest rates, the US Federal Reserve is preparing us for a slow and cautious increa...
Thursday, March 10, 2016
ECB: I cannot do whatever it takes
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The ECB just announced a further reduction in interest rates, extended its QE program by increasing the rate at which buys assets, beefed up...
Thursday, February 4, 2016
A 2016 recession would be different
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If the US or the Eurozone entered a recession this year, a few macroeconomic variables would look very different relative to previous recess...
Sunday, January 10, 2016
BIS redefines inflation (again)
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An interview with Hyun Song Shin, economic adviser and head of research at the BIS, reposted in the BIS web site reminds us of the strange ...
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