Italy’s debt: Is the bark worse than the bite?
By Céline Antonin The spectre of a sovereign debt crisis in Italy is rattling the euro zone. Since Matteo Salvini and Luigi di Maio came […]
Monetary policy
Major adjustments are awaiting the euro zone
By Bruno Ducoudré, Xavier Timbeau and Sébastien Villemot Current account imbalances are at the heart of the process that led to the crisis in the […]
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 […]
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 […]
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 […]
Growth and inequality in the European Union
By Catherine Mathieu and Henri Sterdyniak “Growth and Inequality: Challenges for the Economies of the European Union” was the theme of the 14th EUROFRAME Symposium on […]
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. […]