China and the Eurozone Asymmetrical competition?
A major challenge for the European cycle will be the confrontation with Chinese products. For what ? 1- China is redeploying its activity and will continue to use its exports…
Philippe Waechter's blog
Inflation is not a monetary phenomenon
Inflation stories are all different. While price increases are tending to normalize in the Eurozone and the United States, China is on the verge of becoming deflationary, and Japan, long…
Keys for the week of February 3, 2025
Published on Wednesday To be noticed this week The appearance of GDP in the EurozoneExpected this weak US Employment in January The situation of the week=>What dynamics are seen in the French…
A somewhat empty framework for the ECB’s monetary policy
During the Michel Camdessus Conference held at the IMF on September 20, Christine Lagarde returned to the mechanisms of transmission of monetary policy in a troubled period.The message is that…
The keys to the week of May 13, 2024
My point of attention: Europe is on the road to decarbonizing its electricity productionMy expectations this week: the US inflation rate for the month of April 7 themes this week=>…
The keys of the week – March 18, 2024
My point of attention: the price of bitcoin beyond 70,000 USDExpected this week: the Fed meeting The pdf document is here Body 7 themes this week => What does the…
Keys of the Week, March 11 2024
My point of attention: Countries in the South are driving growth in the EurozoneNext week’s update: US inflation rate Six themes this week =>What if inflation did not fall in…
Positive real interest rate: a new world opens
New regime change on the debt market, inflation and long-term interest rates are now on an equal footing. A little over two years ago, investors had to successively face a…