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Tag: european central bank
The Great Policy Divergence
Already, the interest-rate differential between “risk-free” bonds on both sides of the Atlantic – say, US Treasuries and German Bunds – has widened notably. And, at the same time, the dollar has strengthened not only against the euro, but also against most other currencies. Left unchecked, these trends are likely to persist....
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RN
on
08 May, 2022 23:44:14
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