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Asset-Backed Securities
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Asset-backed instrument
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Japanese John Dory
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Beryx spp.
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Asset Based Lending
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Credit Asset Based Lending
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Asset Backed Securities
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Asset-backed securities
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- Cavendish Asset Management
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- Cavendish Asset Management
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The events of the past four years are a clear testimony of the importance for central banks to monitor asset price developments in order to preserve macroeconomic stability.
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The events of the past four years are a clear testimony of the importance for central banks to monitor asset price developments in order to preserve macroeconomic stability.
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Moreover, the flexible, medium-term orientation of the monetary policy strategy allows taking into consideration also scenarios of financial instability, including the prevention of asset price bubbles, insofar as they impact on the outlook for price stability in the euro area, as credit and financial imbalances are normally characterised by a rather longer build-up time period as compared to the other more common economic shocks.
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Moreover, the flexible, medium-term orientation of the monetary policy strategy allows taking into consideration also scenarios of financial instability, including the prevention of asset price bubbles, insofar as they impact on the outlook for price stability in the euro area, as credit and financial imbalances are normally characterised by a rather longer build-up time period as compared to the other more common economic shocks.
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Currently, a fairly high degree of heterogeneity in inflation and economic growth is observed as a result of some countries having to correct developments that proved to be unsustainable, as evidenced by asset price booms, current account deficits, and a highly leveraged banking and private sector.
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Currently, a fairly high degree of heterogeneity in inflation and economic growth is observed as a result of some countries having to correct developments that proved to be unsustainable, as evidenced by asset price booms, current account deficits, and a highly leveraged banking and private sector.
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This arrangement is conducive to maintaining price stability.
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This arrangement is conducive to maintaining price stability.
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