What Have We Learnt this Week?

Central Banks can play politics too

Technically you already knew this, as you follow the BlondeMoney output, but with a world still hung up on a decade of quantitative easing it's not always easy to spot.  Yesterday's 'surprise stimulus' from the ECB has been much bemoaned for signalling serious concern for the global growth outlook. This doom, neatly summarised in deathly tones here by the NYT, has been blamed for sending not only the Euro . . .

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