Monday February 17, 2020

The curse of overabundance

The old adage that you can’t have too much of a good thing does not apply to global macroeconomics, unfortunately. Expect low growth and low inflation

30th December, 2014
6
The European Central Bank in Brussels: fighting disinflationary pressures Picture: Bloomberg

This year has been a rollercoaster one in Europe. It started with Portugal and Spain’s triumphant exits from their bailouts and talk of a eurozone recovery. It ended with a real threat of deflation, sluggish to no growth in core eurozone countries and a possible snap election in Greece.

Elsewhere, the US Federal Reserve ended its quantitative easing programme as a recovery took hold, Japan doubled down on its own monetary and fiscal...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

A Sinn Féin-led government would have many implications for the country, from tax on banks to the housing market to a border poll

Ian Guider | 1 day ago

Refusing to discuss Irish unity no longer makes any sense for the DUP –talking about a united Ireland is not the same as supporting it

Deirdre Heenan | 1 day ago

Varying interests will be lining up to fight their corner as Europe aims to reorganise and reinvent economic supply chains to ‘reconcile the economy with our planet’

Daniel Murray | 2 months ago