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The latest NIRP increase by the ECB, combined with the signalling of aggressive intentions and capabilities to do more, was not the shock and awe expected. The dissonance and resistance within the ECB stole the limelight, and framed monetary policy perceptions in its halo.
(Source: Amazon, caption and editing by the Author)
A pro-rogue has made the word prorogue famous in British politics, Robert Holzmann may be the rogue ECB policy maker who makes it infamous in monetary policy terms. His actions will prove futile, since Germany