States with a currency of their own can never run out of money. That’s a core thesis of the Modern Monetary Theory which spilled over to Europe from the US. German economist Dirk Ehnts elaborates...
The ECB’s new president has urged European countries to invest and innovate as concerns of an economic slowdown intensify. She warned that export growth could no longer be relied upon to boost growth. The eurozone...
IMF Managing Director Christine Lagarde will become the European Central Bank’s next president in November. If she replaces Italy’s Mario Draghi, a huge change in the eurozone lender’s policy seems unlikely. Following several rounds of...
During the week, Yield on Government Bond remained under pressure and moved higher as host of data and events impacted the sentiments of the traders. Fresh from the rating upgrade by Moody’s, which infused bullish...
Manmohan Singh is a man of history today; but for a long time he was in the centre of economic policy making. When she was Prime Minister, Indira Gandhi had once told him to control...
The recent slash of the repo rate brought cheer and surprise to the Indian economy. The repo rate stands at 6.75%, the lowest since 2011. What do rate cuts imply for the “aam admi”? The...
When RBI declared the fifth bi-monthly monetary policy statement on December 2nd, Rajan chose not to change the key policy rates. The markets anticipating a rate cut were disappointed. However, the statement that “rates can...
The much awaited monetary policy of December 2014 miffed the markets and the economy. Anticipating a rate cut. The markets believed that RBI had a window to cut the repo rates. A cut in repo...
What is your view on the collapse of the rupee? This collapse is the result of two components: a reversal of the U.S. monetary policy last May, and a significant weakening of the Indian economy....
The reluctance of the RBI to reduce interest rates had primarily been on account of the fact that the government has not moved on the fiscal front to control the level of fiscal deficit and...
The Bank of Japan has announced plans to stimulate the sputtering economy with new quantitative easing. Under new leadership, the central bank plans to double the country’s money supply by the end of next year....
Germany’s blue-chip DAX has surpassed the 8,000-point mark as both big and small investors grow more confident with global economic prospects. The index looks set to rise even higher this year. Germany’s DAX index comprising...
