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ECB inflation risks mount as prices drop more than forecast

Bloomberg Consumer prices in the 19-nation euro area fall more than economists forecast in September, keeping up pressure on the European Central Bank (ECB) as it debates whether to add stimulus to support the recovery from the coronavirus recession. The inflation rate came in at -0.3%, slightly below the median estimate in a Bloomberg survey. Prices for services were a ...

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Australia’s central bank is ‘dysfunctional’

Bloomberg Australia’s central bank does little deliberation, ignores opposing views and its decision-makers “seem hostile to a consideration of evidence or research,” according to Peter Tulip, a former senior member of its economic research department. “We have a board that does not understand monetary policy or statistical research,” Tulip said in a farewell email to colleagues when he resigned from ...

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Forget Amazon: In Europe, small caps are pandemic’s big winners

Bloomberg While Amazon.com Inc. and its FANG cohort have grabbed the headlines, some of the biggest stock-market winners in Europe during the coronavirus pandemic may be companies you’ve never heard of. Investors seeking stellar returns have been snapping up shares of small companies that range from e-commerce merchants to mobile-game makers. Shares of German retailers Westwing Group AG and Home24 ...

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