The ECB confirmed that it is beginning a two-year investigation into the digital euro, with sights set on a 2026 launch. *The digital euro will play a role in safeguarding European sovereignty – in digital, monetary and economic terms. It _...Read More_

"The idea of central bank independence is today in crisis. The reason is not—as its own logic would have it—that prying politicians have managed to impose their wills after all. Instead, and more paradoxically, independent central banks _...Read More_

"Central banks should know by now that you cannot have negative interest rates with low bond yields and strong growth. One or the other. Central banks have chosen low bond yields at any cost, despite all the evidence of stagnation ahead. _...Read More_