28 Results for:

March 16, 2018

Capital Flows
The (Balance of Payments) World Changed in 2014

Reserve growth stopped as private investors in Europe and Japan started buying a lot of the rest of the world's bonds.

The (Balance of Payments) World Changed in 2014

July 16, 2012

Europe and Eurasia
More Evidence That LIBOR Is Hazardous to Economic Health

Central bankers necessarily spend a great deal of time studying economic and market data that they believe to be forward-looking indicators of the economy’s health.  One such is the so-called “LIB…

More Evidence That LIBOR Is Hazardous to Economic Health

August 23, 2017

Monetary Policy
G-3 Coordination Failures of the Past Eight Years? (A Riff on Cœuré and Brainard)

The world would be in a better place today if the ECB and BoJ had joined the Fed in quantitative easing early on. Their lag in easing contributed to the policy gap that led to the dollar's large 2014…

G-3 Coordination Failures of the Past Eight Years? (A Riff on Cœuré and Brainard)