Economic Outlook – December 2016
The Economic Outlook issue for September 2016 is now available here Economic-Outlook-December-2016
A dynamic and cyclical approach to the global economy
The Economic Outlook issue for September 2016 is now available here Economic-Outlook-December-2016
The Federal Reserve has pushed up its main interest rate by 25 bp. The corridor in which the fed funds can fluctuate will now be [0.50 ; 0.75%] instead of…
The Fed will decide, with a high probability, to increase its main rate by 25 bp at its meeting today. The US central bank has mentioned so many times this hike…
Fascinating interview of Branko Milanovic on income inequalities, within countries and between countries, and on globalization after the referendum on Brexit and the election of D.Trump. Worth reading. https://www.socialeurope.eu/2016/12/speaking-up-for-globalisation-and-against-inequality/
The ECB has decided to maintain its interest rates but has changed its quantitative easing operation. The operation is extended to December 2017 at least. It will stop at this…
Matteo Renzi has well and truly lost the referendum that took place on December 4. Turnout was very high at 70%, and the referendum showed a considerable difference in the…
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