European inflation below 2% in January
The inflation rate in the Eurozone was 1.7% in January 2026. This figure should be compared to 2% in December 2025 and 2.1% for the whole of 2025. The underlying…
Philippe Waechter's blog
Eurozone – Inflation will be above 3% in 2022
Inflation stood at 5% in December and at 2.6% on average over the year 2021. The core inflation rate is at 2.6% over one year and at 1.5% on average.A…
From Today to Tomorrow – January 14 – The matter of public debt
Swiftly expanding public debt to support macroeconomic adjustment is entirely warranted to tackle the pandemic, and this process is facilitated by mammoth intervention from the central banks. Meanwhile, low interest…
Coming this week (Jan 13-19) – What to keep in mind from last week ?
German growth, US Industrial Production, UK retail sales, Chinese external trade and industrial production, US Jolts, Retail sales and inflation rate in the US Highlights German GDP annual growth for…
Coming this week (Jan 6-12) – What to keep in mind from last week ?
Eurozone inflation rate and unemployment rate, US report on the labor market, German Industrial Orders, US external trade, French consumer confidence Highlights for next week Inflation rate in the Euro…
Monetary policy and growth. The world economy at November 4, 2019*
The Federal Reserve, or US central bank, cut back its key rate for the third time this year at its October meeting, after previous moves in July and September. The…
What to expect this week: Sept. 30 to October 6, 2019
The most important data of the week will be the US ISM survey for the manufacturing sector (October 1). It was at 49.1 in August down below the 50 threshold…
The ECB will be unable to normalize its monetary policy soon
The ECB will not start the normalization of its monetary policy in 2019. The interest rate level will remain stable, my bet is that the refi rate and the deposit…