ECB ‘free riding on global demand,’ says fund manager

ECB ‘free riding on global demand,’ says fund manager from CNBC.

The European Central Bank is not discussing the “really big issue” in Europe, which is that they are missing inflation targets and running a larger current account surplus, Eric Lonergan, fund manager at M&G, said.

About The Author

Eric Lonergan is a macro fund manager, economist, and writer. His most recent book is Money (2nd ed) published by Routledge. He is also a supporter of Big Issue Invest (BII), the investment arm of The Big Issue, and is one of the initial limited partners in BII’s Social Enterprise Investment Fund LP. In a personal capacity, he makes direct investments in social enterprises. He also supports and advises The Empathy Museum.