Real quick here on Europe as I promised yesterday to add some thoughts on Germany after my trip to CologneUS base rates are too highTake a look at this chart from Bianco Research. Jim Bianco describes this as showing the US having the highest policy rate among developed economies for 13 months ...
Edward Harrison considers the following as important: currencies, Daily, ECB, Federal Reserve, Germany, manufacturing, Monetary System
This could be interesting, too:
Mike Norman writes Bill Mitchell — ECB confirms monetary policy has run its course – Part 2
Mike Norman writes Bill Mitchell — ECB confirms monetary policy has run its course – Part 1
Mike Norman writes Bill Mitchell — Germany to play smokes and mirrors again
Edward Harrison writes Watch for a re-emergence of the convergence to zero play