- The day after #6 - Inflation: persistent headwinds but a possible inflationary cocktail
The day after #6 - Inflation: persistent headwinds but a possible inflationary cocktail
Monday 08 June 2020
Research / Market
Since the beginning of the coronavirus pandemic, all eyes have been on the unfolding health catastrophe and the consequences of confinement: economies halted, exploding rates of unemployment (in particular in the United States), and rising debt levels. In this extraordinary context, inflation is often overlooked. This is a dangerous mistake, in our view. For investors, now more than ever, it is crucial to keep a very close eye on this metric—in particular, since we may be at the beginning of a complete regime shift...
Amundi Pension Funds Letter n°9
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ECB QE Monitor - May 2020
The Eurosystem started its QE in March 2015.
The day after #5 - New Frontiers for Central Banks
Central Banks (CBs) are by nature more flexible than governments. Thus, they have been the most proactive in this crisis, reintroducing large-scale asset-purchase programmes financed by money creation (QE policies).