Inflation risk wins over investors
Twenty days after the invasion of Ukraine by Russia, the risk of inflation takes precedence over the risk of slowing activity in the perception of investors.At her press conference, Christine…
Philippe Waechter's blog
From Yesterday to Today – October 16 – Low interest rates for an extended period before inflation
Low interest rates reflect the combination of fiscal and monetary policies. This is already translating into severe financial repression. Governments, more than central banks, will have an interest in a…
Growth, Inflationary Risk, and Euro Area Reforms – My Monday column
World growth has stopped accelerating and hit a plateau, inflationary risk is now more visible in investors’ behavior, and the ECB is advocating urgent reforms to the euro area’s institutional…
Inflation expectations upset the Federal Reserve
Written with Aline Goupil Raguénès Last week, during her speech at the Congress, Janet Yellen, the president of the Federal Reserve, highlighted the importance of inflation expectations stability. Stability is…