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articularly in the wake of the Fed's August 2010 Jackson Hole speech) whose regressive consequences were t
both sides are pretty far apart and will have to compromise to avoid a very negative market reaction to upcoming EU summits. Comments from outgoing Bundesbank President Axel Weber this week are indicative of the challenges here: "Strong German import demand is insufficient to compensate for the structural
24/25 - Fed's Annual Economic Policy Symposium in Jackson Hole, WY September 7 - Xstrata EGM to vote on Gl
mod=ITP_marketplace_0> NBC Olympics: WSJ mod=ITP_marketplace_0> WSJ WSJ 1 WSJ< WSJ< Hashtag $$$ Early Weaker Euro Aids Region's Exporters Bundesbank Stresses Divide on Bond Buying Monti Pushes for ESM Banking License Euro Zone Weighs on Central Europe Chinese Banks and Solar Subsidies WSJ< mo
re vocal debate on QE. Mario Draghi's speech in Jackson Hole was significant, in our view. It opens the
was due to the weaker than expected Q2 2014. There remains vulnerability in growth expectations for H2 and into 2015, as hinted at recently by the Bundesbank in its monthly report. inflation: has continued to undetshoot exottchttions. In fairness, the downside surprises this year come predominantly from
re vocal debate on QE. Mario Draghi's speech in Jackson Hole was significant, in our view. It opens the
was due to the weaker than expected Q2 2014. There remains vulnerability in growth expectations for H2 and into 2015, as hinted at recently by the Bundesbank in its monthly report. inflation: has continued to undetshoot exottchttions. In fairness, the downside surprises this year come predominantly from
Entities connected to both Michael Jackson and Bundesbank

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