Trump’s budget policy: Mortgaging the future?
By Christophe Blot While the momentum for growth has lost steam in some countries – Germany, France and Japan in particular – GDP in the […]
Christophe Blot
The ECB is still worried about the weakness of inflation
By Christophe Blot, Jérôme Creel and Paul Hubert The President of the European Central Bank, Mario Draghi, recently announced that the increase in the ECB’s […]
The euro zone: A general recovery
By Christophe Blot This text is based on the 2017-2019 outlook for the global economy and the euro zone, a full version of which is […]
What role for central bank balance sheets in the conduct of monetary policy?
By Christophe Blot, Jérôme Creel and Paul Hubert By adjusting the size and composition of their balance sheets, the central banks have profoundly changed their monetary policy […]
The ECB on neutral ground?
By Christophe Blot and Jérôme Creel The involvement of the European Central Bank (ECB) in the fiscal management of the euro area member states has […]
The European Central Bank is readying the future
By Christophe Blot and Paul Hubert At the press conference following the meeting of the ECB’s Governing Council on Thursday, 8 June, Mario Draghi announced […]
What factors are behind the recent rise in long-term interest rates?
By Christophe Blot, Jérôme Creel, Paul Hubert and Fabien Labondance Since the onset of the financial crisis, long-term sovereign interest rates in the euro zone have […]
Where are we at in the euro zone credit cycle?
By Christophe Blot and Paul Hubert In December 2016, the European Central Bank announced the continuation of its Quantitative Easing (QE) policy until December 2017. […]
How negative can interest rates get?
By Christophe Blot and Paul Hubert On 11 June 2014, the European Central Bank decided to set a negative rate on deposit facilities and on […]
Do QE programmes create bubbles?
By Christophe Blot, Paul Hubert and Fabien Labondance Has the implementation of unconventional monetary policies since 2008 by the central banks created new bubbles that […]