A shadow committee against Powell?
The battle has resumed between Trump and Powell. Already in 2018, after appointing him to the Fed board, Donald Trump was very hostile to Jay Powell’s actions. In the current…
Philippe Waechter's blog
Is economic uncertainty consistent with robust financial markets?
Since the beginning of 2025, the economic landscape has changed. This change of direction primarily reflects the economic policy pursued by the White House in two dimensions: 1- the accentuation…
Europe in search of autonomy
Could we imagine, in Europe, that it would be easier to send an employee to work in another EU country than to send them to the United States or Taiwan?…
After the failure of the conclave
There will ultimately be no agreement on pensions. The conclave convened by Prime Minister François Bayrou to improve the reforms implemented by the Borne government has failed. Employers’ and employees’…
A moratorium in the wrong direction
The French National Assembly’s vote on the amendment relating to the moratorium on wind and solar power comes at a time when the government was due to clarify its climate…
What about the lender of last resort?
The conflict between Israel and Iran is not having the expected effects. While the price of oil has risen, it hasn’t gone beyond its level at the beginning of the…
Should we tax wealth?
Is the Zucman tax on taxpayers with assets of more than €100 million justified? This is the question currently being debated in the French Senate. 8 points plus 1 1-…
How to construct the European narrative?
Europe must find new momentum. The world has changed, is no longer as complementary or cooperative, and Europe must adopt a common dynamic to address this. The constituent countries of…