Ostrum
  • News & Chronicles
  • France
  • Euro Area
  • United States
  • International
  • Politics & Society
  • Monetary Policy
  • Media
  • Decoding
  • About Philippe Waechter
Philippe Waechter's blog
  • Insights
  • About us
  • Expertise
  • Our people
  • Media

Philippe Waechter's blog
My french blog
  • News & Chronicles
  • France
  • Euro Area
  • United States
  • International
  • Politics & Society
  • Monetary Policy
  • Media
  • Decoding
  • About Philippe Waechter
  • News & Chronicles
  • France
  • Euro Area
  • United States
  • International
  • Politics & Society
  • Monetary Policy
  • Media
  • Decoding
Philippe Waechter's blog
Prévôté
Previous Next
  • 1 min

Inflation and the ECB – One remark

  • 29 April 2014
  • Philippe Waechter
  • ECB
  • Inflation
Total
0
Shares
0
0
0

The inflation rate for the euro area in April is expected tomorrow, Wednesday 30. After the weak figure of 0.5% in March a slight increase is expected (0.8%).
This number will remain well below the 2% target. In other words, the ECB monetary policy is poorly calibrated to the objective which the ECB has set itself. A convergence towards this target is not expected before many months (the ECB’s forecast is only 1.5% in 2016).
It is because of this last point, the adequacy of monetary policy, that we should expect a change in the ECB monetary policy, not the April figure which has an anecdotal side.
Otherwise it is very disturbing.

Related Topics
  • ECB
  • Inflation
On the same topic
  • 1 min

The Fed lowers its benchmark rate but stop there

  • 30 October 2019
  • Monetary Policy

Philippe Waechter

The Fed lowers its benchmark rate to 1.5-1.75%. It says it wants to take a break. It downplayed expectations of another cut this year. The three drops this year are…
  • Federal Reserve
  • Interest Rates
  • Monetary Policy
READ
  • 2 min

The German saving rate doesn’t depend on the ECB interest rates

  • 18 October 2019
  • Euro Area

Philippe Waechter

There is a lot of talks about the German savings rate, which is supposed to have increased recently in response to the drop in interest rates, notably the ECB rates.…
  • Germany
  • Saving Rate
READ
  • 4 min

Some thoughts on US monetary policy*

  • 20 September 2019
  • Monetary Policy

Philippe Waechter

The US central bank – the Federal Reserve – has trimmed its key interest rate again, marking a further step forward down a new track. Its monetary policy is now…
  • Business Cycle
  • Federal Reserve
  • Monetary Policy
READ
Subscribe to the newsletter

All the news from Philippe Waechter’s blog in your mailbox

Loading
ABOUT PHILIPPE WAECHTER

Ostrum's expert magazine

ABOUT OSTRUM AM
  • About us
  • Media room
  • Our publications
FOLLOW ME ON
EXTERNAL LINKS
  • Economists
  • Think tank
  • Central banks
  • Blog roll
©Ostrum AM 2019
An affiliate of : Plan de travail 2

Input your search keywords and press Enter.