Central Banks Add More Gold to Their Reserves

Central Banks Add More Gold to Their Reserves

Central banks continued their gold-buying spree in February, although the pace of gold purchases has slowed compared to last year’s near-record purchases. On net, central banks globally added another 36 tons of gold to their reserves in February, according to the...
The Owl Has Landed: Lagarde’s New Vision For The ECB

The Owl Has Landed: Lagarde’s New Vision For The ECB

On December 12, Christine Lagarde introduced her goals and vision in her first rate-setting meeting as the new President of the ECB. On the actual policy front, there were no surprises. She remained committed to the path set by her predecessor, Mario Draghi, and kept...