Inflation risk wins over investors
Twenty days after the invasion of Ukraine by Russia, the risk of inflation takes precedence over the risk of slowing activity in the perception of investors.At her press conference, Christine…
Philippe Waechter's blog
Inflation is accelerating in the Eurozone, it’s not over
The inflation rate in the Euro zone stood at 5.8% in February 2022 against 5.1% in January.The underlying inflation rate stood at 2.7% against 2.3% the previous month.The inflation overhang…
Russian aggression on Ukraine – Stagflation in Europe and the impact of sanctions
The stagflation risk in Europe In Western countries, there is renewed risk of stagflation. Uncertainty related to the conflict could lead to delayed investment or consumption expenditures weighing on the…
Employment is on the rise in the Eurozone but productivity is a drag
Employment in the Eurozone increased by 0.5% in the last quarter of 2021. Over one year, it increased by 2.1%. The level of employment is now higher than that seen…
Should the ECB become aggressive?
The ECB, after Christine Lagarde’s remarks at the February 3 press conference, is following in the footsteps of the Fed. Like the US central bank, the ECB has changed its…
2 remarks on Monetary Policy
The Bank of England raised its benchmark interest rate by 25 basis points to 0.5%. The trend is still bullish for the next meeting since 4 members of the monetary…
January 2022 inflation invalidates a restrictive ECB monetary policy bias
The day before the ECB meeting, the January 2022 inflation figure sheds light on the question of monetary policy. Should it be a little restrictive or should it maintain the…
The US economy erases the crisis
US GDP is up 1.7% in Q4 (6.9% annualized). GDP growth is 5.5% YoY in Q4 and 5.7% on average for 2021. The carryover growth for 2022 is 1.9%. GDP…
2 days ago
RT @phil_waechter: La BCE a-t-elle enfin pris la mesure de l’inflation ? t.co/eBe9NxXjPy #BCE #inflation #salaires #politiquemoneta…
2 days ago
La BCE a-t-elle enfin pris la mesure de l’inflation ? t.co/eBe9NxXjPy #BCE #inflation #salaires #politiquemonetaire #tauxdinteret
2 days ago
“La BCE a-t-elle enfin pris la mesure de l’inflation ? “ La BCE va relever son taux d’intérêt de référence dès juillet. Cela traduit son changement de perception de l’inflation qui désormais s’inscrit dans la durée #inflation #bce #politiquemonetaire #tauxdinteret #zoneeuro
2 days ago
RT @phil_waechter: État des lieux par @ErwanGautier17 sur les négociations et les anticipations salariales en #France selon la @banquedefra…
4 days ago
État des lieux par @ErwanGautier17 sur les négociations et les anticipations salariales en #France selon la @banquedefrance Au cours du premier trimestre 2022, les chiffres seraient proches de 3% contre 1% l’an dernier à la même période. #salaire t.co/5g1UgT9Kfz
5 days ago
RT @CE_LoireCentre: Fort de nos engagements #RSE placés au cœur de notre modèle, nous avons pour objectif de trouver un juste équilibre ent…