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PELTROS, a new member of central banking crisis family.
It's now a big family, all we need is Uncle TYC (Target Yield Curve) to come in, and Aunt CloTS (Close the Spread) to come out of the closet.
How quaint, @Lagarde reporting on monetary aggregates just in case Bundesbank is watching
Yes @ecb 'urges' coordination between national fiscal policies. We are running out of words to describe the political urgency of common fiscal capacity.
Wait why isn't Lagarde talking to De Guindos?
Go @carolynnlook - 'details of PEPP extension' please - push Aunt CloTS completely out of the closet.
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