Media ID: 55382887
Caption:
Confidence comes with a catch. Photographer: Horacio Villalobos/Corbis via Getty Images
by Ferdinando Giugliano | Sep 11, 2017 | Opinion
The European Central Bank has spent much of this decade convincing markets that the euro is irreversible. It is therefore mildly ironic that policy makers in Frankfurt may be in trouble because of the sudden return of confidence in the single currency. Investors...
Media ID: 55365961
Caption:
European Union (EU) flags fly in front of the European Central Bank (ECB) headquarters in Frankfurt, Germany, December 3, 2015. REUTERS/Ralph Orlowski/File Photo
by Ferdinando Giugliano | Jun 5, 2017 | Opinion
Talk to critics of the European Central Bank’s ultra-loose monetary policy and a common theme emerges: concern about financial stability. Quantitative easing is seen as creating dangerous asset bubbles. Negative interest rates are said to hurt bank profitability,...
