The analysis of the latest measures taken by the world’s major central banks show that they may be losing touch with reality.
Rapid devaluation of hryvnia, in spite of relatively stable macroeconomics, is a phenomenon puzzling Ukrainian economists. The IMF warns that deeper devaluation will lead to an increase in debt, which could leave the country on...
Over the next three years the heads of six governors central banks around the world will be replaced. Their successors will have face difficult challenges.
Prof. Adam Glapiński has been officially sworn in by a lower house of the Polish parliament.
Pessimism and/or realism and the decline of Europe, with all its possible consequences, were the main themes at the mBank-CASE (Center for Social and Economic analysis) seminar.
More than six months ago the expectation was that the new Monetary Policy Council would cut its benchmark interest rate by March — it hasn’t happened yet.
The aim of the swap agreement is to support actions undertaken by the NBU to stabilise Ukraine’s financial system.
There is no reason to believe that within the next six months, and probably even more, something will significantly change the course of economic events specified in the November "Inflation Report" of NBP. Therefore, the Monetary...
A long standing Fed President, William McChesney Martin, kept saying that the central bank is like a good chaperone at a party: one that cares that the guests always have enough punch in their glasses. When the atmosphere gets...
Just as a mutation of a deadly virus, which cannot be cured with existing medicine, the financial crisis has shaken pillars of the economic system forcing policy makers to go beyond conventional responses for downturns.