Sintra, beyond the tweet of Trump

Summary

Central banking forums are particularly interesting, providing as they do an environment where one can take a step back from the volatile present and, even more importantly, take perspective and ask oneself where it is that we are heading.

Key points

• Key points:
• The focus a few weeks ago was on the United States, where there have been long and drawn-out discussions around the challenges surrounding the strategy and communications of the Fed against a backdrop of low interest rates and inflation, and with the margin of "traditional" monetary policy being greatly reduced.
• Recently, attention has been on Sintra, where, under the title "20 Years of European Economic and Monetary Union," there has been reflection on monetary policy, with a broader focus on Europe.

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