When upskilling is good but not enough: Understanding labour shortages through a job-quality lens
Advanced economies are still experiencing labour shortages in the aftermath of the COVID-19 pandemic. This column examines the high labour shortages across OECD countries, focusing
Tariffs and retaliation: A macroeconomic analysis
Implementation of the “Liberation Day” tariffs on the US’ trading partners would have far-reaching consequences for international trade patterns and the US and global economies.
Fed communication for all – but understood by few
Central banks use communication to influence inflation expectations, with varying effectiveness. This column examines how professional forecasters and households respond to inflationary pressure warnings in
Geopolitical risks and the effectiveness of the EU cohesion policy
Geopolitical issues are flooding current political and economic debate, but evidence is limited on their interplay with structural policies. Combining information on geopolitical risks and
Eleven countries demand EU weakens deforestation law further, document shows
The European Union is facing further pressure from member countries to delay and weaken its upcoming law to restrict deforestation, with 11 governments demanding changes,
Rome’s seat at Italian bank M&A table keeps investors guessing
Rome’s determination to have a say in the reshaping of Italy’s financial sector has made things increasingly unpredictable for investors who have waited years for
EU watchdog launches inquiry into Commission’s easing of green rules
The EU’s Ombudswoman said on Friday she had launched an inquiry into how the European Commission fashioned its recent proposals to simplify sustainability laws, following
Top Swiss court rejects claim by two former Credit Suisse shareholders
Switzerland’s Supreme Court on Friday ruled against a compensation claim by two former shareholders of Credit Suisse who bought stock in the bank shortly before
Oil steadies after Trump extends EU trade talks deadline
Oil prices traded around flat on Monday after U.S. President Donald Trump extended a deadline for trade talks with the European Union, easing concerns about U.S. tariffs on the
An assessment of the performance of inflation targeting
Since 1989, most central banks around the world have adopted an inflation targeting regime. This column argues that credit for how much inflation targeting (IT)
