Philippe Waechter's blog
The ECB new monetary policy
The ECB has dramatically changed its monetary policy. The Asset Purchase Programme (APP) will stop next December. The amount that will be bought by the ECB will be halved after…
Fed:+25 bp
The Fed has raised its main rate by a quarter-point. It is now in the range of 1.75-2%. Explanations are the strength of the business cycle and inflation close to…
Merkel rejects Macron's proposals on Europe
Coordination and risk sharing are Macron’s ideas for a renewal of European institutions. Merkel doesn’t really share this point of view.
An explanation of the steel and aluminum tariff war in 16 points
The US imposed steel (25%) and aluminum (10%) duties on Europe, Canada and Mexico on May 31, reflecting Trump’s obsession to bring business back to the US and contain the…