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Posts tagged Piotr Kolimowski
ECB Tumult - November 5, 2019

In addition to former central bankers, there are signs that “even the staunchest defenders of negative rates are getting wary”. Central bankers are coming around to the idea that they need to work in conjunction with fiscal policy, but such cooperation could hurt their independence. Hungarian central bank governor Gyorgy Matolcsy argues that the euro is “a trap”, citing recent research on the damage done by the introduction of the euro on some member economies.

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