Fed’s monetary policy – The same trend continues
No major changes in the Fed’s press release. The tone on macroeconomics is reassuring. The poor growth figure for the first quarter had no impact on members of the Monetary…
A dynamic and cyclical approach to the global economy
No major changes in the Fed’s press release. The tone on macroeconomics is reassuring. The poor growth figure for the first quarter had no impact on members of the Monetary…
The inflation rate for the euro area in April is expected tomorrow, Wednesday 30. After the weak figure of 0.5% in March a slight increase is expected (0.8%). This number…
In September 1992 during the European Monetary System crisis, the Spanish Peseta was devalued by 32% vis-a-vis the Deutsch-mark while the French Franc’s exchange rate remained stable. This situation was…
Indebtedness and deflation do not go well together. I spoke about this issue a few weeks ago (see here in French) and Paul Krugman made a post on his blog…
2014 may well end up being summarized as having been an arm-wrestling match between Janet Yellen and Mario Draghi. Simply rereading the declarations of each would be sufficiently convincing of…
After this week-end speeches by Mario Draghi and Benoit Coeuré, a lower euro exchange rate is expected. They said that the ECB monetary policy will probably become more accommodative (see…
According to an FT article, this morning, the ECB is now ready to definitely change its mind on monetary policy. Mario Draghi gave insights during its last press conference. He…
The new government is expected to give a new breath to French economic policy. Manuel Valls the new prime minister will give a speech tomorrow at the National Assembly and…
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