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[Video] 2015 Business Outlook: Europe, Middle East & Africa
Frontier Strategy Group recently held a series of events around the world for our senior executive clients in Singapore, London, São Paolo, and Washington, D.C. Over the course of our client discussions we gained first-hand perspective into the unique challenges…
Even Good Monetary Policy Cannot Solve Europe’s Problems
Mario Draghi, ECB President (Image: Mario Vedder/AP) After the European Central Bank (ECB) cut interest rates into negative territory in June, we asserted that central banks act when expectations miss to the downside. Once again, today was the rule and not…
ECB’s negative deposit rates will leave eurozone to muddle along
Central banks act when expectations miss to the downside; today was the rule and not the exception. The European Central Bank (ECB) cut interest rates, notably lowering the interest rate on the deposit facility into the negative territory of -0.10%. The…