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Costa Rica's stash of international reserves is off the charts!

QCOSTARICA -- A cheap dollar exchange rate guaranteed to stay that way, the contraction of several sectors in terms of investment and employment, and the reduction of the Monetary Policy Rate - which directly affects the interest on loans - are some of the consequences of the country having a record figure of almost US$14…
Costa Rica United States Fernando Rodr Danel Suchar Daniel Suchar Zomer Luis Arce

Central banks in a shifting world: Takeaways from the ECB's Sintra Forum

Philipp Hartmann, Glenn Schepens 12 May 2021 The 2020 ECB Forum on Central Banking addressed some key issues from the ongoing monetary policy strategy review and embedded them in discussions of major structural changes in advanced economies and the post-COVID recovery. In this column, two of the organisers highlight some of the main points from the papers and debates, including whether globalisation is reversing, implications of climate change, options for formulating the ECBs inflation ...
Frankfurt Am Main United States World Bank District Of Columbia Volker Wieland Annette Vissing Jorgensen
Source: voxeu.org

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