Tags » QE

Fact: 30% of the Euro Area HICP basket is now in outright deflation

It’s the week before Christmas, and it has certainly not been a reassuring week for the ECB. The staff projections for HICP inflation for the Euro area were lowered to only 0.7% in 2015 and 1.3% in 2016, and HICP inflation for Germany was confirmed at +0.5% for November 2014 and at +0.4% for France. 368 more words

Economic Policy

Financial Market Manipulation Is The New Trend: Can It Continue?

A dangerous new trend is the successful manipulation of the financial markets by the Federal Reserve, other central banks, private banks, and the US Treasury. The Federal Reserve reduced real interest rates on US government debt obligations first to zero and then pushed real interest rates into negative territory.  2,088 more words

Emerging Markets

3 Things that Could Make European QE More Likely

1. Economic data and Political Instability: Recent economic data continues to disappoint. Meanwhile, the political situation in Russia could create adverse headwinds for surrounding economies, notably Germany. 150 more words


All I want for Christmas…

All I want for Christmas…

I’m not sure Santa will be able to deliver everything on central bankers’ lists this year. Mario must be wondering if he’s made the ‘naughty’ list as Eurozone inflation expectations dip again. 1,423 more words

Deals & Financing

TLTRO spoils Christmas holidays at the ECB

It’s beginning to look a lot like Christmas, but it does not look like Santa Claus has any intention to stop by Frankfurt. Yesterday, the ECB revealed the outcome of the second Targeted Longer Term Refinancing Operation (TLTRO) auction, which definitely were not good enough to ease pressure on the Central Bank to act. 545 more words


The ECB winter of discontent

It was the last meeting before Christmas at the ECB, as well as the first in the new premises and the last with a non-rotating voting system. 1,070 more words


Abe's Early Election Gambit Pays Off

By Craig Mark

As widely expected, Japanese Prime Minister Shinzo Abe has led his conservative Liberal Democratic Party (LDP) to a landslide victory in the country’s snap election. 835 more words