European Central Bank (ECB) officials are beginning to wonder how they’re going to tell the world when the end of the stimulus era is in sight.
A proposal by Executive Board member Yves Mersch to review the ECB’s guidance on future actions has focused policy makers’ minds on the challenge of mapping an exit from quantitative easing and negative interestRead more
Germany is cursed by its own economic strength.
For eight years, the nation of 83 million people has been the euro area’s growth driver. Now it’s at the forefront of the currency bloc’s reflation, with price increases potentially exceeding 2 per cent, and dissatisfaction with the European Central Bank (ECB) has morphed into outrage.
Critics and media are slamming theRead more
Morocco’s High Commission for Planning (HCP) foresees an increase of 3.9 percent in Gross Domestic Product (GDP) during the first quarter of 2017, compared to 1.7 percent last year.
This increase in Morocco GDP during the first quarter hinges upon the anticipated recovery of 11.1 percent in the agricultural sector. This recovery is expected to contribute 1.3 percent to theRead more
The euro area (EA19) seasonally-adjusted unemployment rate was 10.3% in February 2016, down from 10.4% in January 2016, and from 11.2% in February 2015. This is the lowest rate recorded in the euro area since August 2011.
The EU28 unemployment rate was 8.9% in February 2016, stable compared to January 2016, and down from 9.7% in February 2015.
This isRead more