Climate Change Is Bigger Economic Risk Than COVID-19 Pandemic
The European Central Bank cannot ignore climate risks even though it may appear to be “unrelated to monetary policy”.
Monetary Policy
HSBC forecasts two hikes in interest rates within the next 12 months
According to analysts at HSBC, with the Bank of England deciding to join the other G10 central bankers in the decision to ease off accommodative monetary policy, it is likely that it will act as a wind beneath the sterling’s wings and lift it by at least 15 cents by the end of this year. Surprisingly the Sterling has largely ignored the political intrigue of Brexit, through much of 2017.
Euro Rising ‘Much Over 1.20’ Could Drown The Fragile Economic Condition Of Euro-Zone Under ‘Large Foreign Debt’
The expectation of ECB monetary policy change is fuelling present euro rise, at the same time feeding a hovering danger on the economy.
Government Supports SNB’s Flexible Monetary Policy Amid Other Oppositions
Negative rates and low debts allowed a strong hold on franc even though it hurt pension and bank funds.
