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Barry Eichengreen
By Barry Eichengreen - Jul 26,2014
European and Chinese officials have made two notable announcements in recent weeks. On June 18, China’s second largest financial institution, China Construction Bank, was designated as the official renminbi clearing bank for London.
By Barry Eichengreen - Jun 28,2014
With Jeremy Stein’s return to his academic post at Harvard at the end of May, the US Federal Reserve Board lost its leading proponent of the view that monetary policy should be used to lean against financial excesses. Stein’s view, expressed in a speech earlier this
By Barry Eichengreen - May 10,2014
Two of the world’s most prominent economic institutions, the International Monetary Fund and former US Treasury secretary Larry Summers, recently warned that the global economy may be facing an extended period of low interest rates. Why is that a bad thing and what can be



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