Carmen M Reinhart

The writer is Professor of the International Financial System at Harvard University's Kennedy School of Government.

Monetary policy normalisation in Europe

When the European Central Bank's Governing Council met on December 14, there was little to surprise financial markets, because no policy changes could be gleaned from public remarks.

Will dollar strength trigger intervention in 2017?

Only a small group of central banks refrain from intervening in the foreign-exchange market to stabilise their currencies' exchange rate or coax it in the desired direction.

The perils of debt complacency

What a government spends the public pays for. There is no such thing as an uncovered deficit.” So said John Maynard Keynes in A Tract on Monetary Reform.

December 27, 2017
December 27, 2017

Monetary policy normalisation in Europe

When the European Central Bank's Governing Council met on December 14, there was little to surprise financial markets, because no policy changes could be gleaned from public remarks.

January 2, 2017
January 2, 2017

Will dollar strength trigger intervention in 2017?

Only a small group of central banks refrain from intervening in the foreign-exchange market to stabilise their currencies' exchange rate or coax it in the desired direction.

October 11, 2016
October 11, 2016

The perils of debt complacency

What a government spends the public pays for. There is no such thing as an uncovered deficit.” So said John Maynard Keynes in A Tract on Monetary Reform.

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