The European Central Bank recently communicated its new monetary policy strategy. The first strategic realignment since May 2003, however, disappoints expectations on several fronts
Otmar Issing: Central banks should think long and hard before they consider emulating the Fed, for four technical and political reasons.
Baptiste Massenot: Central banks decide on aid programs worth billions to mitigate the economic impact of the coronavirus pandemic. But how equitable are these measures?
Alfons Weichenrieder and Eren Gürer: Price increases tend to burden low-income earners more
