Since the Great Recession, the monetary base in several advanced economies has seen a considerable increase, driven by the creation of bank reserves at the central bank [...]
The resurgence of the Covid-19 pandemic in Europe has led to new health measures in most countries. Given this difficult situation, the eurozone economy sent some signs of improvement over the last three months, compared to the previous quarter... [...]
The slow rollout of the vaccination programme in Japan can be explained by the fact that the country suffered less than others during the pandemic, and thus adopted lighter restrictions than elsewhere [...]