The ECB new strategy
The ECB is changing course. With its interest rate hike scheduled for 21 July, the ECB is putting an end to a long period of very low and stable interest…
Philippe Waechter's blog
The return of the missing link in Spanish growth
Activity in Spain has been severely penalized by the pandemic. Tourists stayed home and the economy suffered. In April, the dynamics are changing giving Spain back the ability to recover…
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…
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…
1 day ago
RT @isabellemonnin: [Tentative] j’ai raconté dans @libe comment @LColissimo a perdu un objet cher à ma famille, un cube en plastique assez…
1 week ago
RT @phil_waechter: Retour de vacances – Que retenir du mois de juillet ? t.co/AbrdP54u3i via @phil_waechter
1 week ago
RT @phil_waechter: Dans les chiffres du PIB en France, en Espagne et en Italie, il a été noté la forte contribution du tourisme. Le graphe…