Flagging this for my followers:
The ECB’s Liquidity Trap: Rate Cuts Will Inflate Assets,
Structural fragmentation and measurement gaps mean monetary easing will widen the core-periphery wealth divide rather than restore the 2% inflation target.
#TheBoard #markets #finance

The Board
The ECB’s Liquidity Trap: Rate Cuts Will Inflate Assets,
Structural fragmentation and measurement gaps mean monetary easing will widen the core-periphery wealth divide rather than restore the 2% inflation...
#TheBoard #markets #finance