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From xm.com|10 hr agoThe European Central Bank’s carefully choreographed rate-cutting cycle got off to an awkward start in June after last-minute data upsets. For credibility’s sake, policymakers had only one choice – press ahead with the planned 25-basis-point rate reduction but present it as a ‘hawkish cut’. Fortunately for the doves and struggling European businesses, the ...
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From omfif.org|Sep 4, 2024Helmut Schlesinger, the quintessential post-war German central banker, turns 100 on 4 September, a quiet milestone in a life dedicated to monetary stability yet punctuated by international economic tempests. Although he was president of the Bundesbank for only two action-packed years (1991 to 1993), Schlesinger had an impact in Germany and the wider world ...
