Poland: Europhile Regime Extends Liberal Purge to Central Bank
Polish MEP says government attack on central bank president is “purely politically motivated and has no factual or legal basis.”
Polish MEP says government attack on central bank president is “purely politically motivated and has no factual or legal basis.”
The prospect for lower interest rates in Europe is fading, but the reason has nothing to do with the European economy. The reason is found on the other side of the Atlantic Ocean.
ECB staff are revolting against attempts to “reprogramme” employees critical of green policies, with one bank executive under fire for his hardline approach.
Low inflation and rising unemployment suggest that the ECB will soon abandon its tight monetary policy.
The ECB chief just ruled out raising interest rates. This is a big mistake that can cost the euro zone dearly in the coming recession.
European interest rates rise and fall closely with American rates. This can be good for Europe, but it can also be bad, especially if America is hit by a fiscal crisis.
Next year is shaping up to be tough, both for the euro zone and European countries outside of it. How bad will the recession be? Our forecast goes beyond conventional economic wisdom to find out.
What can the past 20 years tell us about Europe’s economic future?
European central banks agree that inflation may bump up again in 2024. But their explanations for this are oddly incongruent. What is really going on here?
With two months left in 2023, the Federal Reserve and the ECB have struck a note of confidence with debt-market investors. This gives Europe hope as they slide into a recession, but will it help America avoid a fiscal crisis?
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