

Brexit D-Day—Turmoil and Uncertainty
The U.K. voted to leave the EU by 52%-48%, with a high turnout of 72%. The market reaction has been violent given widespread expectations...


What monetary policy for a weak and uneven recovery?
Is the ECB reaching the limits of its tools? The ECB announced further monetary stimulus but disappointed markets (see Mario Draghi’s...


BlogSpot - Eurozone: QE’s mixed picture
The ECB’s highly anticipated Quantitative Easing (QE) program (see our previous Warning Signals BlogSpot) was announced by Mario Draghi...


Thematic BlogSpot - Inventory of Central Banks’ Challenges in Times of Secular Stagnation
With nominal interest rates at (or close to) 0 in major economies since 2009 (IMF, 2009), risks of secular stagnation (see our WS...


BlogSpot - October 13th, 2014
A stronger banking union thanks to stress testing the banks? The ECB and the European Banking Authority will publish the 2014 EU-wide...


BlogSpot - June 16th, 2014
A few days pass, and analysts become more critical of the ECB monetary action The ECB announced (see the ECB’s web site or the transcript...
Article - If the U.S. pulls the blanket over itself, will emerging markets get a cold?
Policy mistakes pave economic history. In recent times, some blame Alan Greenspan’s low interest rates policy for causing the housing...


BlogSpot - March 21st, 2014
A tripartite agreement for the SRM The Commission, the European Parliament and the Council reached a trilogue deal on the Single...


BlogSpot - February 17th, 2014
What about the Euro zone fragile recovery… imbalances or rebalancing? Accordingly to the latest Eurostat statistic, the Eurozone seems to...