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ECB Focus for Sure, but not Only Game in Town

September 07, 2017
The US dollar is trading broadly lower.  The ECB meeting looms large.  Many, like ourselves, expected that when Draghi said in July that the asset purchases wouldbe revisited in the fall, it to meant after the summer recess, not a legalistic definition of when fall begins.  Still, there have been some reports, citing unnamed sources close to the E…
ECB Focus for Sure, but not Only Game in Town ECB Focus for Sure, but not Only Game in Town Reviewed by Marc Chandler on September 07, 2017 Rating: 5
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Labor, Inflation, Aggregate Demand, and French Reforms

September 06, 2017
Low unemployment rates in the US, UK, and Japan have not fueled much wage pressure, and this is vexing policymakers.  They are unable to normalize monetary policy because inflation remains subdued, and it is difficult to envision a sustained and durable increase in price pressures without higher wages.  
There may not have been any other time in th…
Labor, Inflation, Aggregate Demand, and French Reforms Labor, Inflation, Aggregate Demand, and French Reforms Reviewed by Marc Chandler on September 06, 2017 Rating: 5
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