The ECB Monetary Policy Mess in One Picture
June 13, 2011 at 18:09 PM EDT
San Francisco Fed economist Fernanda Nechio shows us in one picture the ECB monetary policy mess: If there were any doubt that the ECB is in practice narrowly setting monetary policy for the core countries (i.e. Germany and France) this figure should remove it. The figure should also nix any doubts as to whether what [...]
