The Federal Reserve takes over
At its January 25-26 meeting, the US central bank confirmed that it would raise interest rates as of its mid-March meeting. Above all, it indicated that very soon after it…
Philippe Waechter's blog
In January, the business situation is robust in the Eurozone
The Markit index for the entire economy of the Euro zone dipped in January 2022. It stood at 52.4, losing almost one point compared to December. Economic activity continues to…
Growth and inflation in China argue for a very accommodative monetary policy
The slowdown in growth and the very low inflation in China will lead to the implementation of a very accommodating monetary policy. This has already started and will continue throughout…
Inflation continues, the Fed could weigh on growth
US inflation is mainly conditioned by the pace of the price of goods and that of oil. The rush of households on goods, while inventories were reduced, is the source…
The US labor market lacks of momentum
The US labor market is slow to normalize despite a higher #participation rate. The deviation from the trend of the previous cycle stabilizes at more than 9 million missing jobs.…
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…
Happy New Year 2022
I wish you to dream in 2022, to dream for you, for your familyand put all your energy into making those dreams come true.This is the only reasonable resolution we…
Central banks that adapt but do not create movement
At the central bank meetings this week, the change in tone and the measures announced have essentially reflected the end of macroeconomic catching-up. GDP has converged to a level equivalent…
5 hours ago
The Fed's speed of execution is surprising. This is to avoid the risk of high i flatiron over time. The Fed takes over from a weakened government a few months before the mid-terms “The Federal Reserve takes over” t.co/7r4bT2M43a via @phil_waechter
6 hours ago
La vitesse d’exécution de la Fed surprend. C’est pour éviter le risque d’une i flatiron élevée dans la durée. La Fed prend le relais d’un gouvernement fragilisé à quelques mois des mid-term. “La Fed reprend la main” t.co/E2IFiU2hJT via @phil_waechter
1 day ago
RT @thom_sampson: Has Brexit hurt the UK's economy? New paper with @swatdhingraLSE reviews the evidence t.co/OBE2KsRRKm We conclu…
1 day ago
Interesting - By reducing its supply to Europe, Russia would suffer deep losses. What could be the good balance ? How will Europe cope if Russia cuts off its gas? t.co/j6EW45c3KN from @TheEconomist t.co/j6EW45c3KN
2 days ago
RT @phil_waechter: Business dynamics are affected by Omicron in services. In industry, tensions are easing, limiting the risks of prolonged…
2 days ago
RT @phil_waechter: La dynamique des entreprises est affectée par Omicron dans les services. Dans l'industrie les tensions se résorbent, lim…