EUROPEAN CENTRAL BANK RATE HIKES Let me just present some facts regarding the central bank rate hikes. I understand that the ECB faces more pass-through from higher energy prices to core inflation. It is my belief that euro-zone crisis could still blow up this spring, whether ECB is willing to continue offering a free put on Greek, Irish and Portuguese bonds. In addition, Japan’s catastrophe – the uncertainty surrounding the world’s second largest economy about nuclear contamination is another fact to go slowly. I think radioactivity spread curtail production at least for some time, a major slow down of the Japanese economy would have to be expected, with repercussions also for world growth. April rise now looks like it would be mistake. This is not the time to follow the rigid interest rate rules.
My mission is to helping global leaders to understand the forces of transforming the global economy, industry and finance to improve overall economic performance and work for better international policies since 2009. My work is to provide international leaders in economy, industry and finance with the facts and insights on which to base policy decision. In addition, addressing international conflicts by using paternalistic theory consistently with sound arguments from 2009 to September 2023.