Posts tagged with: European Central Bank

When Mario Draghi’s tenure was approaching its end, I argued for a sterner governor for the European Central Bank (ECB); hence, I was not even slightly enthusiastic when Draghi’s successor turned out to be Christine Lagarde—a patent dove, as can be inferred from her ideological...
Continue Reading →
The U.S. dollar has been as good as gold for the last 70 years, enjoying its hegemony as the international reserve currency. Despite the Federal Reserve destroying the greenback’s value over the last 100 years, foreign governments, central banks, and global financial markets...
Continue Reading →
Around the world, central banks have a number of different ownership structures. At one end of the spectrum are central banks, like the Bank of England, that are wholly owned by the public sector. At the other end are central...
Continue Reading →
Want the lowdown on European markets? In your inbox before the open, every day. Sign up here. UBS Group AG plans to expand a policy of charging rich clients for holding excess cash in their accounts as negative interest rates...
Continue Reading →