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 […]
quantitative easing
The ECB is extending its QE programme but mixes up its communications
By Paul Hubert On Thursday, March 10, after the meeting of its Governing Council, the European Central Bank (ECB) announced a series of additional measures […]
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 […]
What would be the risks of extending QE?
By Christophe Blot, Paul Hubert and Fabien Labondance Following the last meeting of the ECB Governing Council on 22 October, Mario Draghi said that on Thursday, […]
Quels sont les risques d’une extension du QE ?
par Christophe Blot, Paul Hubert et Fabien Labondance A l’issue de la dernière réunion du Conseil des gouverneurs du 22 octobre, Mario Draghi a indiqué […]
The planetary alignment has not always been favourable to the euro zone countries
By Eric Heyer and Raul Sampognaro In 2015, the euro zone economies will benefit from a favourable “planetary alignment” (with the euro and oil prices down […]
The coming recovery
By the Analysis and Forecasting Department, under the direction of Eric Heyer and Xavier Timbeau This text summarises the OFCE 2015-2016 economic outlook for the euro […]
The ECB’s quantitative easing exercise: you’re never too young to start
By Christophe Blot, Jérôme Creel, Paul Hubert and Fabien Labondance The ECB decision to launch a quantitative easing (QE) programme was widely anticipated. Indeed, on several occasions in the […]
What is a weaker euro likely to mean for the French economy?
By Bruno Ducoudré and Eric Heyer Faced with the rising risk of deflation in the euro zone, which has been reinforced since mid-2012 by the continued […]
The ECB – or how to become less conventional
By Jérôme Creel and Paul Hubert The gloomy economic situation in the euro zone and the deflationary risks it is facing are leading the members of […]