Mises Wire
Author:
C.Jay Engel
Online Publish Date:
With the Fed continuing to portray a “hawkish” message, focused on three or four 2017 rate hikes, the ECB is too having to decide whether their easing policy should be cut back. The Fed began its tapering of (official) QE years ago and is therefore now onto rate hikes and balance sheet efforts. The ECB, however, is still heavily in