Étiquettes » Lagarde

More Than a Molehill

The House passed a stimulus bill
With price tag of more than three trill
Japan’s latest play
Three billion a day
Adds up to more than a molehill… 1 179 mots de plus

Undeterred

Said Christine, we are “undeterred”
By Germany’s court that inferred
QE is lawbreaking
As there’s no mistaking
Our power, from Brussels’, conferred

Thus, QE is here til we say… 1 227 mots de plus

The Daily Dose

-Expect the unexpected once oil recovers, operators say.

-Hiring in the United States is so last year.

Implied demand in the form of gradual economic reopening coupled with market-driven production closures led to weekly gains in the price of oil. 562 mots de plus

Riven By Obstinacy

Said Jay, in this challenging time
Our toolkit is truly sublime
It is our desire
More bonds to acquire
And alter the Fed’s paradigm

In contrast, the poor ECB… 1 215 mots de plus

Can the ECB save the Euro again?

A feature of the credit crunch and the Euro area crisis has been the behaviour of the European Central Bank or ECB. It’s role has massively expanded from the official one of aiming for an inflation rate ( CPI and thereby ignoring owner-occupied housing) of close to but just below 2%. 1 373 mots de plus

General Economics

Outrageous

The ECB’s fin’lly decided
That limits were badly misguided
So, starting today
All bonds are in play
To purchase, Lagarde has confided

As well, in the Senate, at last… 1 255 mots de plus