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Monthly Archives: September 2011
Come on Baby, Let’s Do the Twist!
After yesterday’s press release by the Fed, many commentators started talking about “Operation Twist” even though no such thing is mentioned in the release. Accompanying the press release on the Federal Reserve site, was, however, a document containing the term … Continue reading
ECB too Strong for Stark
Officially, member of the ECB’s executive board Jürgen Stark has decided to quit his position prematurely for “personal reasons” (mentioned twice in the brief press release). This can, of course, cover a lot, but does not exclude what is on … Continue reading
Posted in Economics
Tagged Central bank independence, Euro, European Central Bank, Jürgen Stark
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