Euro Area – Philippe Waechter's blog

Philippe Waechter's blog

101 views

From Yesterday to Today – October 26 – In the short term, the biggest threat is deflation

26 October 2020

Euro Area

The low inflation observed in the euro zone will translate into very weak wage dynamics. Demand will be weak while health constraints will weigh on activity. A situation that will…

READ

379 views

The ECB and its forecasts

4 June 2020

Euro Area

Philippe Waechter

The ECB has increased the size of the specific pandemic plan. The PEPP (Pandemic Emergency Purchase Program) which amount was 750 billion usable until December 2020 is increased to 1350…

READ

547 views

The ECB is committed for 750 billion against the epidemic.

19 March 2020

Euro Area

Philippe Waechter

The ECB puts itself in front of the States which will sharply increase their public deficit in order to fight the epidemic. The program will thus reduce financial fragmentation and…

READ

997 views

The ECB will not follow the Federal Reserve

4 March 2020

Euro Area

Philippe Waechter

Will the ECB follow the Federal Reserve. Will it slash its main interest rates ? The answer is a clear no. The US 10 year interest rate dropped dramatically in…

READ

338 views

Investment funding falters in the eurozone

21 January 2020

Euro Area

Philippe Waechter

The ECB survey on the supply and demand of credit from banks suggests that credit conditions change little vis-à-vis businesses and appear marginally less accommodating towards households; especially on real…

READ

692 views

Governments against the euro zone

27 November 2019

Euro Area

Philippe Waechter

The ECB monetary policy became frankly accommodating only because Draghi had the perception that governments and the Commission would never let go on fiscal policy.
Will Christine Lagarde fall into the same trap as Draghi?

READ

260 views

Eurozone growth painfully above 1%

31 October 2019

Euro Area

Philippe Waechter

GDP growth in the Euro zone is 1.2% (annualized rate) since the last quarter of 2017.The figure of 0.2% (0.75% annualized rate) for the third quarter of 2019 does not…

GDP
Growth

READ

273 views

The ZEW remains weak in September

17 September 2019

Euro Area

Philippe Waechter

The ZEW measured as the average of its two components remains in very negative territory in September. Its reversal mentioned here and there is very relative. The expectation component is…

READ

DIRECTOR OF ECONOMIC RESEARCH, OSTRUM AM

From Yesterday to Today – October 26 – In the short term, the biggest threat is deflation

The ECB and its forecasts

The ECB is committed for 750 billion against the epidemic.

The ECB will not follow the Federal Reserve

Investment funding falters in the eurozone

Governments against the euro zone

Eurozone growth painfully above 1%

The ZEW remains weak in September

Subscribe to the newsletter

ABOUT PHILIPPE WAECHTER

ABOUT OSTRUM AM

FOLLOW ME ON

EXTERNAL LINKS