Market Commentary: US and European policy rates still too low
Dieter Wermuth, Economist and Partner at Wermuth Asset Management Since March 2022 the Federal Funds Rate, America’s policy rate, has moved from its low of
Dieter Wermuth, Economist and Partner at Wermuth Asset Management Since March 2022 the Federal Funds Rate, America’s policy rate, has moved from its low of
Dieter Wermuth, Economist and Partner at Wermuth Asset Management In August, the US administration had passed its Inflation Reduction Act (IRA). It includes about $400bn
Dieter Wermuth, Economist and Partner at Wermuth Asset Management In the January edition of Wirtschaftsdienst, an economic policy magazine, Ferdinand Dudenhöffer and his colleague Helena
Dieter Wermuth, Economist and Partner at Wermuth Asset Management Just as the sharp increase of energy prices last year had caused a reduction of real
Dieter Wermuth, Economist and Partner at Wermuth Asset Management According to calculations and surveys by the government’s Nuremberg Institute of Labor Market Research there were
Dieter Wermuth, Economist and Partner at Wermuth Asset Management One thing I am certain of: European money market rates will not fall again by more
Dieter Wermuth, Economist and Partner at Wermuth Asset Management As of the end of November, support promises by governments and international organizations for Ukraine’s defense
Dieter Wermuth, Economist and Partner at Wermuth Asset Management As gas prices – as well as electricity prices, which are driven by them – have
Dieter Wermuth, Economist and Partner at Wermuth Asset Management Fifty years ago, four MIT scientists had published a book called “Limits to Growth” where they
Dieter Wermuth, Economist and Partner at Wermuth Asset Management Decision making is not easy at the ECB these days. The central bank lacks a reliable
Dieter Wermuth, Economist and Partner at Wermuth Asset Management For years we have been told that not only the German, but the European population as
Dieter Wermuth, Economist and Partner at Wermuth Asset Management Since April 2020 Germany’s terms of trade have been a free fall. This is the ratio
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