These paintings highlight very well the major role Frankfurt played in history. Besides its political influence, Frankfurt developed a key role in European banking. A young man called Rothschild started his business here before expanding all over Europe.
In such an environment, very low policy rates could be in place for longer, and unconventional monetary policies could even be expanded in some major countries. But  4  Bank of Canada Financial System Review, June 2010 and December 2009. 5  This analysis has been conducted with data from the Canadian Financial Monitor survey by Ipsos Reid Canada.