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Twenty-five years ago today, Danes voted no to the Maastricht Treaty, and therefore no to participating in the single European currency – the euro. Despite of that the Danish krone remains pegged to the euro. It is time for Denmark to float the krone.
Lars Christensen in this op-ed (first published in the Icelandic newspaper Frettabladid) argues that the Icelandic central bank should target nominal wages rather than consumer prices.
We have today published the May-edition of our Global Monetary Conditions Monitor. Argentina has been added to the countries covered in the Monitor.
The populists are losing and we have to thank ECB-chief Mario Draghi for that.
The CPI inflation increased to 2.7% y/y in April, a rise from 2.3% y/y in March. This exceeds the consensus expectations of 2.6%
We don't think we can beat the market, but we can make FX forecast that is as good as the market. What do you think?
We have decided to make the Global Monetary Conditions Monitor available to researchers, academics and universities at a reduced price. As of today, we will offer single subscriptions to academic institutions, think tanks, and individual researchers for EUR 1,000 for a 12-month subscription.
Swedish inflation surprised significantly on the upside in April. This should be a wake-up call for the Riksbank, but will it also now move in a more hawkish direction?