Are we still in the midst of a crisis?
The answer is yes…or at least that was the answer from Mario Draghi at the press conference after the September 7 monetary policy meeting, thereby indicating the importance of pursuing…
The ECB decision
The ECB has published an unchanged statement on its monetary policy. Mario Draghi’s speech was moderate showing that there is no hurry at the ECB in the monetary policy management.…
According to the ECB: more growth in 2017 but less inflation all the time
The three charts below show the ECB forecasts for GDP growth, the inflation rate and the core inflation rate. They have been updated today with the ECB meeting. Growth has…
Wind will blow strongly on the Fed
Stan Fisher the Fed’s vice president has decided to resign at mid-October for personal reasons. This will dramatically changed the internal equilibrium of the Fed’s board. Until now, three seats…
Strikes in the UK – Just the beginning?
The strike in two McDonald outlets in the UK is interesting. The main reason is the lack of security associated with zero hour contracts and the low level of compensation.…
Labor law reform in France: momentum on the move
The Macron presidency is finally going to be able to unleash its full momentum. Talks between the government and trade unions on the broad trends for forthcoming changes to French…