The miscalculations of the ECB
Eurozone central banks will report their first significant losses in a decade of money printing in the coming weeks. The results will turn negative for...
Tag: inflation
The FED did not finish the job
On Wednesday, Governor Powell and his colleagues raised the Fed’s target for its benchmark rate by a quarter of a percentage point to a range...
FED will continue raising interest rates
The minutes of the last FOMC meeting published this week did not bring any hope to the investors. Fed officials have indicated that interest rates...
A hawkish and arrogant ECB is frightening the European economy
Every increase in borrowing costs, including Thursday’s half-point move, advances Frankfurt officials’ fight against runaway inflation but also risks having a heavier economic impact. The...
Europe needs 500 billion euros for 2023
The support measures for the energy crisis will be expensive for Europe. The problem with this is that unlike the past eight years, when the...
L’Europe dans la tourmente
Les dommages économiques causés par l’arrêt des flux de gaz russes s’accumulent rapidement en Europe. Alors qu’une récession à l’échelle du continent semble désormais inévitable,...
Jérôme Powell est-il l’homme de la situation ?
Jérôme Powell a probablement plus de points communs avec Arthur Burns que celui qui le remplaça, Paul Volcker. Cette connotation, si elle devait se révéler...
Les chiffres de l’inflation américaine, tournant majeur pour les marchés
Le président de la Réserve fédérale, Jérôme Powell, est confronté à un calcul de plus en plus sombre après les nouveaux chiffres de l’inflation américain...