France – GDP growth at 1.9% in 2017
The French GDP growth in 2017 has accelerated to 1.9% on average after 1.1% in 2016. The quarterly sequence of the GDP expansion was steady at 0.6% per quarter except…
Philippe Waechter's blog
Davos, Trump, China and French growth – My Monday column
The world balance is changing under the influence of China as it seeks to establish a different path for globalization. America is trying to stage a response at Davos with…
A Worldwide Dilemma For 2018: Retreating Inward or Joining Forces?
Which side will win out in the current confrontation playing out across the world? The inward-looking attitude that has been so widespread these past months aims at taking power back…
Shutdown and oil prices – My Monday column
The US administration’s partial shutdown marks a first in the country’s history: this is the first time that we have witnessed this type of situation when the same party occupies…
ECB, Monetary Policy and Germany – My Monday column
Mario Draghi’s stance is guarded. His latest press conference gave no indication of the change in communication tone that we are set to see from the European Central Bank in…
2018 – Strong expectations in a world that has changed
The year ahead gives us a number of reasons to be optimistic that I would like to share with you. World trade has taken an upturn, oil prices remain reasonable,…
The ECB top management will dramatically change before the end of 2019
The European Central Bank is heading for a two-year leadership overhaul that peaks with the selection of a successor to President Mario Draghi, and it will be politics as much…