Hints and tips:
...Former Fed chair Ben Bernanke and ex-IMF chief economist Olivier Blanchard have warned that wages need to rise at a similar pace to productivity growth to have any meaningful impact on inflation....
...Additional reporting from Martin Arnold in Frankfurt...
...Olivier Blanchard, the IMF’s former chief economist, also foresees the “need for more push” from European fiscal measures: “It will depend on the behaviour of private demand, of optimism [and] of the end...
...Olivier Blanchard, former IMF chief economist, says the vaccines’ unexpectedly high efficacy rates are “indeed a game changer” that implied “it is now likely we shall be out of the woods by the end of next...
...Olivier Blanchard, senior fellow at the Peterson Institute, said there was “no question in my mind that [global economic] growth will be negative” for the first six months of 2020....
...would also help pay for necessary medical interventions and boost demand while monetary policy can also help keep demand higher and seek to prevent financial distress among indebted companies, said Olivier Blanchard...
...“It is all about fiscal policy now,” says Olivier Blanchard, a former IMF chief economist....
...But this one, preventing another eurozone crisis, is very obvious,” says Olivier Blanchard, a former chief economist of the IMF....
...Some ECB-watchers, such as former IMF chief economist Olivier Blanchard, have even suggested boosting investors’ expectations of price growth by raising the inflation objective to 4 per cent....
...“Monetary policy is almost out of ammunition, but if the central banks say this too explicitly, the markets may freak out,” says Olivier Blanchard, who was chief economist at the IMF for four of Ms Lagarde...
...“The bottom line is that Draghi has probably made Christine Lagarde’s life easier by putting all the issues on the table before she starts,” said Olivier Blanchard, who was chief economist at the IMF under...
...The Financial Time’s Martin Arnold has the details, including hints that the ECB will abandon a self-imposed limit that stops it from buying more than a third of any country’s outstanding debt....
...- Arnold Kling, more Hayekian than Hayek, versus Olivier Blanchard. - China’s uncomfortable shift into muni bonds. - Carrying your Nobel through airport security....
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