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4min chapter
Quantitative tightening in the euro area
The Sound of Economics
The Fed and the ECB Should Continue to Hike Rates
Two banks on either side of the Atlantic for their own reasons where, get it to trouble. They were dealt very differently from the regulators. Huge discussion is just whether the regulators action was correct or not. But I wouldn't say that this definitely isn't systemic and we can all move along now for sure. Greg Dyke: It's too early to know that and particularly as major central banks are undergoing QT, we're withdrawing liquidity from the system. This might be the beginning of something bigger.
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