Archive for August 7th, 2024

New Overnight Developments Abroad - Daily Update

Uchida to the Rescue

August 7, 2024

One of the most effective policy tools to combat disorderly financial market conditions can be simple yet convincing rhetorical commitment by a monetary official not to allow runaway speculative frenzy that may jeopardize basic policy objectives. The singular example of such an act happened on July 26, 2012 when the European Central Bank President Mario […] More

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