Market forecasts are wrong. If the Fed will cut rates so aggressively as expected, it will only be in the event of a recession. In a soft landing, one should expect 3-4 acts of monetary expansion, not
Comments by ECB policymaker, Francois Villeroy de Galhau – Recalibration of policy instruments must not only focus on level of support – But also timeframe, flexibility and efficient targe
Leave a Comment