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eurosnews | Euro crisis solved, not merely explained | eurosnews.wordpress.com Reviews
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eurosnews | Euro crisis solved, not merely explained | eurosnews.wordpress.com Reviews

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Euro crisis solved, not merely explained

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eurosnews | eurosnews

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Euro crisis solved, not merely explained. Asymp; Leave a comment. When Britain voted to leave the European Union on June 23 we were told that it would be a disaster. That was by the Remain camp. It was also the view of the UK’s central bank governor, Canadian Mark Carney. Financial markets responded by dragging sterling down against the US dollar by 15% on June 24 when the result was known and for more than a week afterwards. The Tweet on July 17. Rumour is that she won’t trigger Article 50 until e...

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Wage-obsessed rate hikes are badly-timed | eurosnews

https://eurosnews.wordpress.com/2015/07/24/wage-obsessed-rate-hikes-are-badly-timed

Euro crisis solved, not merely explained. Wage-obsessed rate hikes are badly-timed. Asymp; Leave a comment. UK and US interest rates sit at historic lows, where they have been snug for years. So does inflation. Yet now the hawks are beginning to win the argument for raising the price of credit. The problem is, that the reasoning behind such moves is flawed by its emphasis only on some of the factors that matter. Namely wages growth. And so they might. At present the notion of rising wages is fraught ...

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