Cerca:
File Icon Versione per stampa
Segnala un amico




Lavoro nel mondo
Lavoro in Italia
05-06-2013

ECB, Emergency Measures Are Needed Tomorrow

While the theory that surging equity markets promote confidence and hence an increase in comsumption is put seriously in question by crumbling Japanese equity market, one of the secondary effects that is apparently badly ignored by Eurocrats  is the unintended strengthening of the euro in an environment where every other single bloc is trying to influence the value of its own currency. Instead of trying to moderate its strength, euro area countries have now embarked in trade wars with China, on solar panels. Chances are now that China will retaliate, refusing to support European debt market, a mild promise of the recent past.
Ecb seems unwilling to cut deposit rates to negative but tomorrow they will better find something else to make euro weaken or euro area will definitely enter a prolonged period of stagnation and deflation, with even direr consequences on European unemployment.
 

Segnala un amico

Your email address *
Inserisci l'indirizzo email a cui vuoi segnalare *
 


Commenta (0 commenti)

Devi effettuare l'accesso per vedere i commenti

Altri articoli da questa sezione

29-11-2017
Powell conferma aumento dei tassi per dicembre, nuovo capitolo della soap-opera su Brexit e dati di inflazione in area euro (oggi) creano le condizioni per uno scenario opposto a quello dell'anno che si sta per concludere
25-01-2015
At least temporarily
02-02-2014
Indonesia, Turkey and South Korea now looking attractive, yen to weaken again
15-11-2013
Monetary policies elsewhere are far too loose to compete
12-11-2013
Rates on 10 y Treasuries up 25 b.p. in a few sessions