#dWP-VW.THINKTANK I Q4/2025

A growing chorus of advisers inside and outside the Trump administration are pushing another name to serve as the next chair of the Federal Reserve: Treasury Secretary Scott Bessent.

Inflation was tame in May but President Trump's tariff policy may cause consumer prices to rise noticeably heading into summer, economists said.

Treasury Secretary Scott Bessent refrained from arguing that the tax legislation Republicans are working to finalize in Congress will avoid adding to the debt burden.

The World Bank on Tuesday cut its forecast for global growth this year and warned that the 2020s are on track for the weakest performance for any decade since the first Apollo moon landing because of trade tensions and policy uncertainty.

The World Bank on Tuesday cut its forecast for global growth this year and warned that the 2020s are on track for the weakest performance for any decade since the first Apollo moon landing because of trade tensions and policy uncertainty.

The European Central Bank should wait until at least September to have an in-depth discussion about an interest-rate move, according to Governing Council member Boris Vujcic.

Policymakers need to stay alert to the risk of deflation reappearing.

European Central Bank Executive Board member Isabel Schnabel sees a favorable moment now to strengthen euro’s global role as investors turn to Europe.

European Central Bank Governing Council member Joachim Nagel said he can’t judge if interest-rate cuts are over for this year and next steps are totally open, according to an interview with Deutschlandfunk.

President Donald Trump urged the Federal Reserve to cut interest rates by a full percentage point, intensifying his pressure campaign against Chair Jerome Powell.

Four months into the president’s second term, his policies are upending tourism worldwide.

Trade talks between the US and China will continue into a second day, according to a US official, as the two sides look to ease tensions over shipments of technology and rare earth elements.

The euro-area economy expanded twice as much as previously reported at the start of 2025, as countries including Ireland and Germany saw exports surge in anticipation of US trade tariffs later this year.

The European Central Bank is approaching the end of its interest-rate cuts, according to two Governing Council members, as others declared inflation has been vanquished.

Nach zwei Rezessionsjahren in Folge erwartet die Oesterreichische Nationalbank (OeNB) für heuer wieder ein leichtes Wirtschaftswachstum, wie die Nationalbank am Freitag mitteilte. Die heimische Notenbank rechnet mit einem Plus des Bruttoinlandsprodukts (BIP) von 0,2 Prozent, nachdem sie im März noch ein Minus von 0,1 Prozent vorausgesagt hatte. In den beiden Jahren darauf soll das BIP-Wachstum laut OeNB auf 0,9 Prozent (2026) und 1,1 Prozent (2027) steigen.

Markets cheered in early May when the US and China agreed in Geneva to lower tariffs and other barriers. But after a few weeks, the shine started to come off that deal, with China accusing the US of violating it with new restrictions and the US saying China failed to honor promises on rare earths.

German short-dated bonds fell as traders pared bets on future interest-rate cuts by the European Central Bank, with President Christine Lagarde indicating that it may be approaching a pause.

European Central Bank officials envisage a pause in their interest rate-cutting campaign when they next set policy in July, according to people familiar with the matter.

Die Europäische Zentralbank (EZB) ist die Zentralbank der Mitgliedstaaten der Europäischen Union, die den Euro eingeführt haben. Unsere vorrangige Aufgabe ist es, Preisstabilität im Euroraum zu gewährleisten und so die Kaufkraft der gemeinsamen Währung zu erhalten.

Die Europäische Zentralbank (EZB) ist die Zentralbank der Mitgliedstaaten der Europäischen Union, die den Euro eingeführt haben. Unsere vorrangige Aufgabe ist es, Preisstabilität im Euroraum zu gewährleisten und so die Kaufkraft der gemeinsamen Währung zu erhalten.

Seit November steht es im Raum, am Mittwoch hat die Europäische Kommission tatsächlich den ersten Schritt zur Einleitung eines EU-Defizitverfahrens gegen Österreich gemacht. Nach der Feststellung eines übermäßigen Defizits kündigte sie an, ein Verfahren zu empfehlen. Nachdem das vermutlich Ende Juni formell erfolgt, muss es danach noch der Rat der Wirtschafts- und Finanzminister beschließen. Das könnte bei seinem Treffen am 8. Juli in Brüssel geschehen.