United States – Philippe Waechter's blog

Philippe Waechter's blog

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Are US firms of today larger than US firms of yesterday ?

10 July 2019

Politics & Society

Philippon and Gutiérrez answer a clear no Politicians and activists are warning that mega-companies like Facebook, Wal-mart, and Amazon are returning America to the Gilded Age. They point to record breaking profits and mergers the…

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The Fed’s message in 8 points

20 June 2019

International

Philippe Waechter

The Federal Reserve message is clear: 1- Macro data remain robust and expected inflation is low 2-Risks on the economic prospects are on the upside 3 – The Fed will…

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The Fed is in no hurry to adjust its monetary policy

19 June 2019

International

Philippe Waechter

In its monetary policy statement, the Fed says there is no reason to lower interest rates rapidly. Activity data are still robust and inflation remains moderate. Therefore, as long as…

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