LTRO Articles and Whitepapers
In the end the answer is still NO. That’s not in relation to Scotland voting to remain as a part of the UK but the ECB’s decision not to opt for full-blown QE
PegasusCapital - 01/10/2014
Whitepapers / Articles
The risks of a deflationary outcome remain very elevated. Our understanding of likely household responses is becoming more informed, particularly with regard to genuine uncertainty, precautionary savings balances being built (where possible) and the likely consolidation of credit related debt. Turning the tide on the risk of viral infection and saving lives is the driving policy of government, but by definition this just pushes another rising tide of shrinking demand onto the economy.
PegasusCapital - 07/05/2020