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1 – 3 of 3Real interest rates -- which matter more for economic activity -- remain negative. Real rates have been declining for centuries. While they are currently negative, this could…
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DOI: 10.1108/OXAN-DB275029
ISSN: 2633-304X
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The move will have a significant immediate impact on the cost of capital in the offshore renminbi market. More importantly, it highlights the difficult balance being struck by…
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DOI: 10.1108/OXAN-DB208033
ISSN: 2633-304X
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Geographic
Topical
The ECB stopped purchasing bonds this month after running its asset purchase programme (APP) since March 2015. The APP flooded commercial banks with liquidity in excess of their…