Market overview

Inflation is proving more resilient than expected in January on both sides of the Atlantic. This also means that it is not letting go of its grip and continues to govern the macro outlook.There is …

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The pace of central bank rate hikes is more than ever the focus of macro analysis. Concerns about energy prices and the supply chain have taken a back seat. The effect of a warmer-than-feared December …

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The year 2022, marked by many paradigm shifts, did not end on a positive note. Important central bank meetings did not lead to any marked respite in the efforts to contain inflation. Forecasts of …

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The year 2022 may end on a slightly more positive note. It will already go down in history as a particularly eventful year, where the various sources of concern have left almost no room for respite. …

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Inflation, central bank measures to combat it and the danger of a recession are always the three elements that dominate assessments of the macroeconomic situation. The wrong weighting of these factors …

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In September, central bankers had to face the facts: this inflation is too high and too persistent to fight without causing a recession. Some governments, on the other hand, still refuse to admit it. …

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