Macro Musings with David Beckworth cover image

Megan Greene on the UK’s Recent Market Turmoil and What it Means for the Future of the Global Economy

Macro Musings with David Beckworth

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Does the ECB Have a Lot of Support?

I don't think Germany is really on board for supporting peripheral countries, even more so because Germany is struggling economically quite a lot now. And if you look into the politics of Germany and in local elections, the finance minister's party has done really poorly and they tend to be pretty fiscally hawkish. So we might see some schisms emerging on the governing council at the ECB.

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