Fiscal Policies

Central banks do not need to intervene over price rises yet

Central banks do not need to intervene over price rises yet

Thursday 11 November 2021 – Vol.12 Ed.45.4

Commentary: Fed will act on inflation when it needs to

By Paul Sheard in New York

Elevated inflation readings, particularly in the US, are causing many pundits to express a dim view of the pandemic-triggered fiscal and monetary expansions. They warn of looming runaway inflation. The premise underlying the modern macroeconomic policy framework is that central banks can and will control inflation...

https://allaboutshipping.co.uk/2021/11/11/central-banks-do-not-need-to-intervene-over-price-rises-yet/

Can Lagarde normalise monetary policy within the next two years?

Can Lagarde normalise monetary policy within the next two years?

Wednesday 3 November 2021 – Vol.12 Ed.44.3

Commentary: ECB should follow Fed’s transparency example

By Tim Bartz in Frankfurt

Twenty months into Covid-19, the European Central Bank is deliberating the end of the pandemic emergency purchase programme. David Marsh, chairman, OMFIF, spoke to Der Spiegel about how President Christine Lagarde has steered the central bank through this crisis, how she has calmed dissonance among factions of...

https://allaboutshipping.co.uk/2021/11/03/can-lagarde-normalise-monetary-policy-within-the-next-two-years/

Renminbi attracting international attention as its rise resumes

Renminbi attracting international attention as its rise resumes

Monday 16 August 2021 – Vol.12 Ed.33.1

Commentary: Renminbi internationalisation getting back on track

By Herbert Poenisch in Hangzhou

The issue of whether the internationalisation of the renminbi is a good idea is being discussed both in China and the rest of the world. Domestically, opinions are divided between hotheads, who want to see the renminbi replace the dollar as soon as possible, and realists, whose views are similar to...

https://allaboutshipping.co.uk/2021/08/16/renminbi-attracting-international-attention-as-its-rise-resumes/