Surveys We Trust

Reliable surveys confirm the Euro Zone economy is not recovering.

Draghi’s little fibs

Practically speaking, no one should expect any ECB tightening at all until some time in 2022.

High Frequency Economics - Brexit

Ya gotta have a forecast

Without a forecast, the Bank of England is without a clue about whether there will be inflation on March 29, or thereafter.

How Insensitive!

Euro Zone banks are not to responding to the ECB’s generous boost to liquidity by increasing their lending.