Towards the end of August, every year investors focus on the Jackson Hole conference of the central banking global elite. Given widespread acceptance among central bankers that non-temporary inflation is…
Author
Bob Lyddon
This article analyses the disparity between the substance of what was announced and the language put around it by the ECB, mainly in the press release on its Monetary Policy…
IREF Newsletter
ECB Policymakers Run Out of Options; Antifragmentation Cannot BOTH Address Inflation AND Contain Spreads
by
Gordon Kerr, Bob Lyddon and Enrico Colombatto
When the history of the euro currency’s rise and decline in popularity is written, the month of June 2022 will be viewed as decisive. In June, the ECB committed to…
Online Articles
The Eurosystem: a parasite serving only the needs of the Eurozone public sector
by
Bob Lyddon
The European Central Bank (ECB) held its latest Governing Council meeting on 14 April 2022 and issued its normal press release. It also included a facile graphic titled ‘Our monetary…
Online Articles
Payment technocrats have crippled EU’s ability to impose biting sanctions on Russia
by
Bob Lyddon
The EU recently announced partial financial sanctions on Russia, designed to keep payments for energy moving. The EU accepted the contention – disproved below – that a bank either gets…
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