Divergence in monetary policy ahead
As national factors take precedence over global trends, divergences emerge among the monetary policies of major economies. Pioneering inflation targeting in the early 1990s, New...
Tag: Europe
The contagion of the US commercial real estate turmoil is spreading to Europe
Just weeks before resigning from his position as CEO of Deutsche Pfandbriefbank, Andreas Arndt is facing investor concerns, mainly due to loans granted by the...
Germany, the End of an Era
The manufacturing output of the largest European economy has been on a downward trend since 2017, and the decline is accelerating as competitiveness erodes.The foundations...
The ECB needs to set a course
Last week, several ECB members were responsible for pushing back expectations regarding the speed at which borrowing costs would decrease. The message got through, and...
The Boom in Oil Drilling in Russia Proves Moscow’s Resilience to Sanctions
Russia experienced a second year of record oil drilling in 2023, providing further evidence of the country’s resilience in the face of Western sanctions.The surge...
2024, a High Geopolitical Risk
After 2023, an excellent year for risky assets despite the war in Europe and the Middle East and an increasing confrontation between the United States...
The ECB Under Market Pressure
Inflation in the eurozone accelerated in December, highlighting the challenge of reaching the 2% target set by the European Central Bank as governments withdraw support...
Germany, the New Weakness in Europe
Even if Germany finally starts to grow again in 2024, it will struggle to shake off the depression lurking behind one of its weakest annual...
The Gaza conflict is another issue for central bankers
Two European giants in oil and gas declared on Monday that their oil tankers would avoid the waters off the coast of Yemen, a crucial...