26 September 2017 Despite Europe’s recent economic upswing, Germany’s election result provides a stark reminder of the region’s political discontent in the aftermath of the Euro crisis, protracted unemployment, and increasing income inequality. Following the disappointing elections, can Chancellor Merkel and French President Macron produce the domestic and EU reforms needed to produce European prosperity? [...]
3 June 2017 The rift between the Trump administration and the other Group of 7 nations (also G20) became increasingly evident following the gathering in Taormina, Sicily. The new American president’s approach to global trade and climate change (among other key issues) represents a break from the prevailing international policy consensus. Reflecting growing frustration, German [...]
The fall in March CPI inflation is welcome news to the ECB. The decline indicates that the recent rise in prices was fully the result of higher energy costs. This news will allow the ECB to remain on hold this year. Low inflation, a cyclical economic acceleration, and easy monetary conditions point to higher equity [...]