ECB has further scope to support spending

The COVID-19 crisis has escalated since the ECB stepped up its response to the coronavirus crisis on December 10

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Turkey must fulfil promises of economic reform soon

New economic policy team remain committed to orthodox anti-inflation policies despite Erdogan’s persistent opposition

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Criticisms of central banks’ institutional frameworks are growing in line with rising demands for central bank policies

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The Fed left policy on hold and highlighted the importance of job market recovery to any changes ahead

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Limited debt reprofiling with Chinese creditors raises chances of sovereign default over the medium term

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The ECB left monetary policy on hold at its latest meeting but emphasised its flexibility going forward

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Biden is putting an experienced financial regulation team up for confirmation

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The bitcoin price has surged by around 200% since mid-October and institutional interest in the asset class is growing

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The Senate held confirmation hearings yesterday for Biden’s foreign policy and national security nominees

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