Blog post
01 July 2019
The breakdown of the covered interest rate parity condition
A textbook condition of international finance breaks down. Economic research identifies the interplay between divergent monetary policies and new fina
Monetary policy
Showing 129-144 of 339 results
Podcast
27 June 2019
Director's Cut: ECB monetary policy decisions deconstructed
In this Director’s Cut, Bruegel’s Grégory Claeys and Maria Demertzis take a deeper look at whether the monetary policy decisions made by the ECB over
Event
20 June 2019
Sound at last? Assessing a decade of financial regulation
What has changed since the financial crisis of 2008 that makes the financial system sound at last? Is regulatory reform going in the right direction?
Event
19 June 2019
What reforms for Europe's Monetary Union: a view from Spain
How is a successful European Monetary Union still possible in today's ever-shifting political landscape? What reforms need to occur in order to guaran
Blog post
11 June 2019
The inverted yield curve
Longer-term yields falling below shorter-term yields have historically preceded recessions. Last week, the US 10-year yield was 21 basis points below
Opinion piece
06 June 2019
Too crowded bets on “7” for USDCNY could be dangerous
The Chinese yuan has been under pressure in recent days due to the slowing economy and, more importantly, the escalating trade war with the US. While
Blog post
03 June 2019
The 'seven' ceiling: China's yuan in trade talks
Investors and the public have been looking at the renminbi with caution after the Trump administration threatened to increase duties on countries that
Opinion piece
28 May 2019
Expect a U-shape for China’s current account
As the US aims to reduce it's bilateral trade deficit, China's current-account surplus is back in the headlines. However, in reality China’s current-a
Blog post
15 April 2019
Why China's current account balance approaches zero
China’s current account is projected to be balanced within the next few years. Observers disagree whether this is due to structural factors or Chinese
Blog post
01 April 2019
Secular stagnation and the future of economic stabilisation
Larry Summers’ and Łukasz Rachel’s most recent study documents a secular fall in neutral real rates in advanced economies. According to the authors, t
Opinion piece
19 March 2019
China’s debt is still piling up – and the pile-up is getting faster
With looser monetary policy, China's policymakers hope to encourage banks to lend more to the private sector. This seems to imply a change from the de
Blog post
04 March 2019
The possible Chinese-US trade deal
The future of Sino-American relations after the incoming end of trade talks between Beijing and Washington. We review opinions in the English-speaking
Blog post
21 February 2019
Greening monetary policy: An alternative to the ECB’s market-neutral approach
The ECB’s market-neutral approach to monetary policy undermines the general aim of the EU to achieve a low-carbon economy. An alternative tilting appr
Podcast
21 February 2019
Deep Focus: A greener monetary policy approach for the ECB
Bruegel fellow Dirk Schoenmaker walks Sean Gibson and 'The Sound of Economics' listeners through his latest working paper, focusing on how to make mon
Working paper
19 February 2019
Greening monetary policy
The author proposes a tilting approach to steer the allocation of the Eurosystem’s assets and collateral towards low-carbon sectors, which would reduc
Blog post
13 February 2019
How the EU could transform the energy market: The case for a euro crude-oil benchmark
There is a strong case for an oil benchmark in euros. Trading energy markets in more than one currency is not unprecedented, and indeed used to be the