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Barry Eichengreen | The Legacy of the Great Moderation: Currency, Populism, and Credit

Hidden Forces

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Do You See a Period in the Near Future Where the Euro Could Regain Strength?

I think a lot will depend on not only on the Europeans getting their act together, and there is an effort to push forward with Euro-area reform. There was a big summit last month bringing together a manual Macron and Angela Merkel; they came up with some useful ideas in it. A lot will also depend on rivals for the Euro, what will happen with the dollar, and will there be any enduring damage to the dollar as a result of tensions between the United States and other countries?

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