Economics, finance, and global monetary policy by Daniela Gabor
Daniela Gabor: Bank of England raises rates as U.S. AI stocks tumble
Daniela Gabor commented that the Bank of England chose to raise interest rates just as U.S. AI stocks were experiencing significant ...
Political choices make debt dynamics more vulnerable to global trends, Daniela Gabor argues
Daniela Gabor stated that attributing developments solely to financial market movements overlooks the importance of institutions like the Bank of England, the financialisation of pensions, and the ...
Daniela Gabor: U.K. reliance on bond markets is a political and institutional choice
Daniela Gabor argues that the United Kingdom's continued reliance on bond markets is the result of political and institutional decisions, rather than an inevitability. Gabor states that these ...
ECB has means to address instability and will avoid repo spirals, Daniela Gabor notes
Daniela Gabor said the European Central Bank (ECB) has the necessary instruments to manage sovereign instability and will not risk triggering repo spirals in order to satisfy fiscal hawks. Gabor ...
Daniela Gabor: New work examines economic impact of ordoliberal strategies in Germany's energy sector
Daniela Gabor highlighted the addition of new research to the literature on derisking, focusing on the economic consequences of ordoliberal strategies within Germany's energy ...
Few scholars unpacked shadow banking as effectively, Zoltan Pozsar influenced many, Daniela Gabor notes
Daniela Gabor said that Zoltan Pozsar and others he influenced made significant contributions to unpacking shadow banking and highlighting the importance of balance sheets, even though mainstream ...
Daniela Gabor: Questions Nobel timing as inflation targeting is debated
Daniela Gabor questioned whether there has been a worse-timed Nobel in Economics as debates intensify over the effectiveness of inflation targeting. Gabor also raised concerns about the impact of ...
Burnham government pays attention to Bailey fiscal actions, Daniela Gabor adds
Daniela Gabor highlights the attention the Burnham government is giving to Bailey's fiscal interventions. She points out that this involves more than just opinions on fiscal policy, referencing ...
Daniela Gabor: Shadow banking growth challenges assumptions of the neoliberal state
Daniela Gabor highlights that if a central banker had been shown the state of shadow banking in 2010, the response would have been disbelief at its continued growth. She explains that her ...
European repo market excluded from analysis of 2010-2012 financial events, Daniela Gabor notes
Daniela Gabor points out that a recent in-depth article fails to mention the European repo market and appears to overlook the significance of the 2010-2012 crisis. Gabor highlights the absence of ...
Daniela Gabor: French government bonds support 10% of EUR 13 trillion repo market
Daniela Gabor highlights the significance of French government bonds (OATs) in the European repo market. According to Gabor, OATs serve not only as fiscal instruments but also underpin 10% of ...
Privatization includes shift from state to funded pensions, Daniela Gabor notes
Daniela Gabor draws attention to the broader impacts of privatization within neoliberal policies. She challenges the notion that privatization is limited to water managed by private equity or ...
Daniela Gabor: European Commission pushes American-style retirement savings in capital markets
Daniela Gabor highlights that the European Commission is encouraging Europeans to save like Americans by moving retirement savings into capital markets. She points out that this policy shift does ...
Finance sector aligns with Trump for faster AI gains, Daniela Gabor argues
Daniela Gabor points out that Bidenomics delivered positive outcomes for large financial institutions. She observes that despite these results, major finance players are now supporting U.S. ...
Daniela Gabor: Romania to lose €770mn over refusal to meet Commission demands
Daniela Gabor states that Romania is set to lose €770 million as a result of not complying with European Commission demands for austerity and economic liberalisation or privatisation. ...
AI poses civilization and cyber threats to financial systems, Daniela Gabor warns
Daniela Gabor warns that retirement savings are being used to finance advanced AI development, potentially leading to existential threats to civilization. Gabor notes concerns include not only ...
Daniela Gabor: Higher TGA target may erase over $300 billion in Fed reserves
Daniela Gabor questions the recent increase in the U.S. Treasury General Account (TGA) target above the $500 billion to $600 billion range set during the Biden administration. She argues that ...
Effectiveness of capped interventions in bond markets raised, Daniela Gabor notes
Daniela Gabor raises a question about the effectiveness of capped interventions in sovereign bond markets when they are under pressure. Gabor references Jean Claude Trichet, suggesting historical ...
Daniela Gabor: Andy Haldane links fiscal policy and productivity shift since 2017 speech
Daniela Gabor notes that Andy Haldane's 2017 speech on Productivity Puzzles did not reference fiscal or public debt. She observes that Haldane now suggests a causal connection between fiscal ...
AI automatons result from major Wall Street bubble, Daniela Gabor notes
Daniela Gabor raises concerns about the impact of Wall Street's largest financial bubble in recent decades, suggesting it is now leading to the emergence of AI automatons. Gabor points to a ...
Daniela Gabor: Challenges of unwinding the EUR 8 trillion repo market
Daniela Gabor raises questions about the feasibility of an orderly unwind of the EUR 8 trillion repo market. Gabor suggests that such a move would likely face significant resistance from banking ...
