Climate change is increasingly shaping macro-fiscal outlooks. Extreme weather events, chronic damages from global warming, and decarbonisation efforts all
The post‑pandemic inflation surge is often attributed to pent-up demand and opportunistic price hikes by firms. This column argues
Diversification has kept global trade strong, despite Trump’s tariffs and accelerated US-China decoupling. One of the main ways in
The question of whether Europe’s $12.6 trillion holdings of US assets be used as leverage if relations with Washington
European firms tend to be smaller and less productive than US firms. Qualitative and survey-based evidence suggests that one
During the recent tightening and easing cycle, the aggregate bank lending rate to firms in the euro area increased
A central concern in the climate policy debate is whether ambitious mitigation efforts simply shift emissions abroad. This column
Payment stablecoins are set to become an important financial instrument. Their impact on the financial system will depend on
Non-degree credentials are rapidly multiplying as alternatives to traditional higher education, but in a largely unregulated market. This column
While recent analysis has focused on direct impacts of US tariffs and potential retaliation, major US trading partners have
Climate change is increasingly shaping macro-fiscal outlooks. Extreme weather events, chronic damages from global warming, and decarbonisation efforts all
The post‑pandemic inflation surge is often attributed to pent-up demand and opportunistic price hikes by firms. This column argues
Diversification has kept global trade strong, despite Trump’s tariffs and accelerated US-China decoupling. One of the main ways in
The question of whether Europe’s $12.6 trillion holdings of US assets be used as leverage if relations with Washington
European firms tend to be smaller and less productive than US firms. Qualitative and survey-based evidence suggests that one
During the recent tightening and easing cycle, the aggregate bank lending rate to firms in the euro area increased
A central concern in the climate policy debate is whether ambitious mitigation efforts simply shift emissions abroad. This column
Payment stablecoins are set to become an important financial instrument. Their impact on the financial system will depend on
Non-degree credentials are rapidly multiplying as alternatives to traditional higher education, but in a largely unregulated market. This column
While recent analysis has focused on direct impacts of US tariffs and potential retaliation, major US trading partners have
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