
Market Commentary: ECB about to stop cutting rates – for the time being
Since June 2024 the European Central Bank has cut policy rates eight times, from 4% (for the deposit rate) to 2% now, but for the
Since June 2024 the European Central Bank has cut policy rates eight times, from 4% (for the deposit rate) to 2% now, but for the
Since April 2, when Donald Trump launched his trade war against the rest of the world, the price of the euro has increased from $1.08
The American president is obviously worried that his country is de-industrializing, and that the process needs to be stopped – by pulling up the drawbridges in the
The U.S. administration has just raised customs duties on imports from the EU by a hefty 20 percentage points – and by 25 points on
Irritatingly for some, the European Union has no ambition to become a world power. There is no imperialistic narrative which distinguishes it from the U.S.,
The new American administration intends to introduce customs duties on imports from Europe because they feel the present system treats them unfairly. Evidence of this injustice is
Germany, with its fast-aging population, urgently needs about one million immigrants annually, or, on a net basis, almost half a million. Otherwise, the workforce will
Germany’s policy of high energy prices has significantly contributed to the reduction of CO2 emissions and the improvement of the environment. Even so, it is still a long
Since reunification in 1990 Germany’s real GDP has grown at a surprisingly steady annual rate of almost 1.3%. In the beginning it was mostly the
On December 12, the ECB had lowered its three policy rates by 25 basis points each – the most important one, the so-called deposit facility
For quite some time I have been annoyed by the never-ending complaints of politicians and lobbyists that Western European countries were lacking international competitiveness, and
Everything has already been said about the debt brake – but not by everybody, as the Bavarian poet Karl Valentin might have said. Here is
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