Budget Deficits Threaten European Interest Rates
Interest rates continue to decline in Europe, but investors should be aware. The calm in the markets today could precipitate a storm tomorrow.
Interest rates continue to decline in Europe, but investors should be aware. The calm in the markets today could precipitate a storm tomorrow.
Most EU countries have made impressive strides in returning to price stability. So why is Belgium going against the tide?
While Europe as a whole is in economic stagnation, some countries are bright spots that defy that trend.
The Federal Reserve faces market pressure to cut rates in September, while the ECB is expected to cut rates shortly before the Fed’s meeting.
Not even Spain, the growth leader, is building anything for the future. How much worse can this get?
Economic theory does not recognize ‘structural inflation.’ This is too bad, because it is very likely the main reason why European inflation remains higher than it should be.
Economic stability benefits as interest rates outpace inflation in the U.S. and the euro zone.
Structural spending reform replaces today’s welfare state with basic but dignified benefits to those who by no fault of their own are unemployed.
Inflation varies wildly across the euro zone. Economists have not yet been able to explain why; here is my hypothesis.
With inflation and the business cycle moving in very different directions across the euro zone, the ECB’s expected rate cut may end up being of no real economic consequence.
To submit a pitch for consideration:
submissions@
For subscription inquiries:
subscriptions@