The Fed, the dollar and the asset bubble
ING THINK aloud3 Syys 2020

The Fed, the dollar and the asset bubble

Is the Federal Reserve encouraging a stock market bubble? Critics say a recent change to the central bank's policy framework has undesirable side effects and puts the dollar at risk. Fed member Lael Brainard admitted this week that the new policy, and consequent expectations that interest rates will stay lower for longer, could indeed entice investors to take more risk in the search for higher returns. In this podcast, ING's Chris Turner looks at what this means for financial markets around the world.

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Inequality threatens European cohesion

Inequality threatens European cohesion

Far from being the 'Great Equaliser,' Covid-19 has magnified socio-economic differences across Europe, exposing fault lines both between and within countries. In this podcast, ING's Julien Manceaux an...

31 Maalis 202111min

Europe's third wave woes

Europe's third wave woes

The European Commission is calling for tougher controls on vaccine exports, as the bloc struggles with a third wave of the virus and criticism over its handling of the vaccine rollout. The vaccination...

24 Maalis 202114min

Money for Nothing

Money for Nothing

President Joe Biden says his $1.9 trillion pandemic rescue plan, for the first time, prioritises working- and middle-class Americans. But US household wealth has surged throughout the pandemic, with i...

18 Maalis 202111min

ECB steps up stimulus but is it enough?

ECB steps up stimulus but is it enough?

The European Central Bank is stepping up the pace of asset purchases in response to rising bonds yields, which have threatened to undermine the eurozone’s economic recovery. German bund yields rose to...

11 Maalis 202112min

Dear Prudence

Dear Prudence

UK Chancellor Rishi Sunak is going where few finance ministers have gone before in the Covid-19 pandemic, announcing future tax hikes to pay for relief measures. Those measures, which were extended in...

3 Maalis 202114min

Gauging the ‘taper tantrum’ fallout

Gauging the ‘taper tantrum’ fallout

Federal Reserve Chairman Jerome Powell sent a message to nervous bond markets this week: calm down. But are traders and investors listening? 10-year Treasury yields have continued their march higher o...

24 Helmi 20219min

The rise and fall of voluntary social distancing

The rise and fall of voluntary social distancing

In economic terms, the second wave of the pandemic in Europe has been less severe than the first. Official lockdowns have been less harsh and more targeted, according to EU Economic Commissioner Paolo...

18 Helmi 20219min

Inflation Blues

Inflation Blues

It gave B.B. King the blues. And Larry Summers is getting worried about it, too. Inflation in the US is set to rise in the coming months, fuelled by an economic reawakening and massive fiscal stimulus...

10 Helmi 202113min

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