Sunday , December 22 2024
Home / Mike Norman Economics / European Central Bank left its crisis-fighting tools unchanged

European Central Bank left its crisis-fighting tools unchanged

Summary:
ECB vs Fed in who will blink first.. in past it was always the Fed but Trump may have flipped the script... “MAGA” position would be to not disadvantage US firms with higher rates vs foreign competitors...The European Central Bank left its crisis-fighting tools unchanged, asserting that its current stimulus settings are powerful enough to put the economy on track for a rebound later this year https://t.co/q3cMfhg1nq— Bloomberg Markets (@markets) April 22, 2021

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Mike Norman writes Trade deficit

Mike Norman writes Bond market now pricing in one 25 bps rate cut by Fed in 2025

New Economics Foundation writes What are we getting wrong about tax

Sandwichman writes The more this contradiction develops…


ECB vs Fed in who will blink first.. in past it was always the Fed but Trump may have flipped the script... “MAGA” position would be to not disadvantage US firms with higher rates vs foreign competitors...



Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *