Axel Weber Archive

Weber Says ECB Should Start to Phase Out Bond Purchases ‘Now’

>    >   (email exchange) >    >   On Tue, Oct 12, 2010 at 1:17 PM, Kevin wrote: >    >   Warren >    >   I am interested in your views on this development >    >   It would strike me as either blather or a dramatic reversal of fortune for >   the continent >    >   Any thoughts? >    Weber has been against it ...Read More

THE ECB HAS A SINGLE MANDATE, INFLATION, WITH NO INCENTIVE TO DEVIATE

Not to mention my bent is inflation and growth are, at best, very weak functions of interest rates, and they work mostly through the cost side, but that’s another story – see ‘MANDATORY READINGS‘. ECB’s Weber Says Interest Rates ‘Accommodative’, Dismisses Cut Bets by John Fraher and Andreas Scholz (Bloomberg) European Central ...Read More