Deutsche Bank’s asset manager fined €25mn over greenwashing scandal
Penalty against DWS imposed by German prosecutors follows $19mn settlement with US authorities in 2023
Penalty against DWS imposed by German prosecutors follows $19mn settlement with US authorities in 2023
The president on Wednesday will announce sweeping tariffs that he says will restore fairness to the global trading system.
We study how short-term interest rate volatility affects the transmission of monetary policy. To identify exogenous changes in volatility, we exploit the pronounced heteroskedasticity visible in the time-series of euro area short-term rates over the past two and a half decades. Interacting the exogenous variation in volatility with high-frequency-identified monetary policy shocks, we find that increases in volatility dampen the effects of monetary policy on output and prices.
We study how short-term interest rate volatility affects the transmission of monetary policy. To identify exogenous changes in volatility, we exploit the pronounced heteroskedasticity visible in the time-series of euro area short-term rates over the past two and a half decades. Interacting the exogenous variation in volatility with high-frequency-identified monetary policy shocks, we find that increases in volatility dampen the effects of monetary policy on output and prices.
Greece’s employment balance was positive by 23,945 more hires than departures in February, according to data from the Labour Ministry’s Ergani information system.
Treasury Secretary Scott Bessent argues that the American dream is about more than cheap televisions, but inflation-weary consumers might disagree.
The media offensive launched last week to promote the latest rise in the new minimum wage in Greece clashed with the latest data released by Eurostat concerning per capita GDP in the EU in purchasing power terms (PPP), which placed Greece second from bottom.
Fund aims to combat antisemitism and advocate for Israel and Jewish values through engagement with US corporations
Pakistan’s Meezan Bank is the country’s most profitable bank. How?
Increase in savers and government push to boost credit put pressure on lenders