News
Market Watch | Draghi’s no Grinch, but ECB won’t play Santa
Mario Draghi proved long ago that he’s no Grinch, but the European Central Bank chief on Thursday was in no mood to deliver early Christmas gifts either.
Econ Comments & Analysis
RCM | Quantitative Easing: The Monetary Policy Of the Adolescent
QE creates new money-tickets out of nothing and deposits them in the banking system in return for interest-bearing assets. Its actions create no new capital, and cannot add anything to the circulation of capital through the economy.
Blogs
The Economist | What to expect when you're expecting faster growth
Higher inflation expectations are also a means to address stubbornly sticky wages and prices. Weak demand implies that there is insufficient total spending in the economy to employ available resources.
