The Covid crisis has put all central banks to the test, especially the European and American ones, which carry a significant share of the weight of the world economy on their shoulders. With inflation taking hold and growth timidly recovering, choices must be made. The ECB seems to have already made up its mind: keep rates low and fight inflation. The Fed is less categorical, especially as an internal struggle is underway, with the Democratic camp trying to steer monetary policy in a direction like the one taken by the Europeans. Jerome Powell’s term renewal (or not) as head of the monetary institution will be the final decision. His term ends in February 2022, so President Biden will have to make a choice in the coming weeks.
There is no doubt that the collective unconscious of the West feels threatened by an overpopulated humanity. Everything contributes to this diffuse feeling : . The post-pandemic return to life and [...]
The First World War was the result of unsurpassable alliances that have become anachronistic. The alliance with America is both outdated and unsurpassable in the 21st century: outdated because the [...]
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A new generation of traders has arrived in 2020 during the successive lockdowns. Although it does not change the rules of the game in the financial markets, it reveals a [...]
Bitcoin - Salvad'orisation Bukele, the young president of San Salvador, is rubbing his hands together at the rise in value of Bitcoin, which he adopted as his country's official currency [...]