Mario Draghi, the former European Central Bank president, is sounding alarms about “Japanification.” Janet Yellen, the former U.S. Federal Reserve chair, is warning of “secular stagnation.” They’re not the only ones who lately have been using these overlapping if somewhat obscure terms. They do, however, point to the same conclusion — fiscal policy is needed where monetary policy has faltered. That is, that elected officials who hold their nation’s purse strings can’t count on central bankers to
— Read on www.bloomberg.com/news/articles/2020-01-17/japanification-secular-stagnation-and-bad-bad-news-quicktake
Tag: Stagnation
Japanification the Scourge Threatening to Go Global in 2020 – Bloomberg
First it was Japan. Then Europe. Now investors are scanning the world for the next outbreak of stagnant inflation and tumbling yields.
— Read on www.bloomberg.com/news/articles/2019-12-09/japanification-is-the-scourge-threatening-to-go-global-in-2020
Euro-Area Economy Remains Close to Stagnation in October – Bloomberg
Euro-Area Economy Remains Close to Stagnation in October – Bloomberg
— Read on www.bloomberg.com/news/articles/2019-10-24/euro-area-economy-remains-close-to-stagnation-in-october