With the threat of stagflation growing stronger, the ECB is allegedly still reluctant to raise interest rates. This is very troubling, especially with stagflation lurking in the woods.
Eurostat says inflation looks calm—but beneath the surface, a worrying split is emerging. Polarized inflation poses a serious challenge for the ECB and an increasingly hands-on Brussels.
Pressure from the U.S. president to cut interest rates could spark a chain reaction, pushing Europe to follow—and creating a potential equity market bubble.
The U.S. president is tackling an issue the nation has been kicking down the road since the end of the gold standard in 1971: the gaping chasm of fiscal disaster and trade deficits.
