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www.soberlook.com
| | soberlook.com
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| | It was all going well when Draghi started speaking. Yes the ECB is "working" on a bond buying program. Until this comment came out: B...
| | conversableeconomist.blogspot.com
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| | Central banks all over the world took dramatic actions during the Great Recession and its aftermath. For example, the US Federal Reserve too...
| | www.clevelandfed.org
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| | The recent global financial crisis left governments in many advanced countries with very heavy debt burdens and their central banks with huge portfolios of government bonds. With many central banks today still facing policy rates that are uncomfortably close to zero, some may follow the example of Japan, which recently added a new long-term interest-rate target to its short-term target to give itself "yield-curve control." The Federal Reserve's foray into similar territory around the Second World War sug...
| | www.networkideas.org
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| [AI summary] The article discusses the United States' strategic approach to maintaining influence over the Bretton Woods institutions (IMF and World Bank) by advocating for policy changes that prioritize U.S. economic interests while preserving their institutional presence.