#dieWIRTSCHAFTSPRAXIS-VW.THINKTANK I STATUS.QUO Q2/2025

The European Central Bank may have to lower interest rates to levels that stimulate the economy if trade uncertainty proves more damaging for growth, according to European Central Bank Governing Council member Madis Muller.

European Central Bank Governing Council member Klaas Knot said he doesn’t see a need to stimulate the economy with lower interest rates as the medium-term impacts of recent economic shocks remain unclear.

Deutsche Bank AG is warning of a structural dollar downtrend in the coming years which will knock the US currency to its weakest level in more than a decade against the euro.

Deutsche Bank AG is warning of a structural dollar downtrend in the coming years which will knock the US currency to its weakest level in more than a decade against the euro.

In Österreich werden so wenige neue Wohnungen gebaut wie schon lange nicht mehr. Die Zahl der Baubewilligungen dafür sank 2024 deutlich und bewegt sich laut Daten der Statistik Austria von Donnerstag etwa auf dem Niveau vor 15 Jahren. Hält der Trend an, dürfte das die Preise auf dem freien Wohnungsmarkt weiter nach oben treiben.

US consumer sentiment fell to one of the lowest readings on record and long-term inflation expectations climbed to the highest since 1991 on fears of the economic fallout from tariffs.

European Central Bank Governing Council member Robert Holzmann said the fallout from the US tariff announcements will probably weigh on consumer prices in the euro zone rather than create a new bout of inflation.

Jerome Powell’s determination to ensure any jump in prices stemming from Donald Trump’s tariffs don’t spread through the economy has earned him the moniker “Mr. Too Late” from the president. For the Federal Reserve chair, that’s better than being Mr. Wrong.

The International Monetary Fund warned Europe not to obstruct change as it attempts to alleviate the fallout from US President Donald Trump’s tariff torrent.

The International Monetary Fund warned Europe not to obstruct change as it attempts to alleviate the fallout from US President Donald Trump’s tariff torrent.

Russia’s oil producers have been drilling wells at a pace not seen in at least five years as the nation readies for both a loosening of OPEC+ output limits and the possibility of relief from some international sanctions over its invasion of Ukraine.

Forecasters surveyed by Bloomberg now see a 45% of a downturn in the next year, up from 30% in March.

The European Central Bank should only lower interest rates into accommodative territory if the growth outlook deteriorates much further, according to Governing Council member Martins Kazaks.

European Central Bank President Christine Lagarde said US tariffs may be more disinflationary than inflationary for Europe even as more time is needed to fully assess the situation.

Jerome Powell wins a reprieve. But expect more showdowns between the White House and the Fed

Recent market turbulence has exposed uncomfortable weaknesses

China’s Xi Jinping and the EU’s Ursula von der Leyen were among the leaders on a private video call organized by the United Nations.

Global investors’ rotation out of American assets will go on for years if President Donald Trump persists with his trade policy, according to a strategist who timed the unwind of US exceptionalism almost perfectly.

Elon Musk is the face of DOGE, but Russell Vought is the brains. He’s been planning such a crusade since well before Project 2025.

Global growth is projected at 3.3 percent both in 2025 and 2026, broadly unchanged from the October 2024 World Economic Outlook (WEO) forecast with an upward revision in the United States offsetting downward revisions elsewhere. The near-term outlook is characterized by divergent paths, while medium-term risks to growth are tilted to the downside. Renewed inflationary pressures could interrupt the monetary policy pivot, with implications for fiscal sustainability and financial stability. The policy mix should balance trade-offs and rebuild buffers.

The International Monetary Fund sharply lowered its forecasts for world growth for this year and next, warning the outlook could deteriorate further as US President Donald Trump’s tariffs spark a global trade war.

The president’s attacks on the Fed are pushing the world further off its American axis, as governments and investors lose confidence in the US dollar and bonds.

The International Monetary Fund sharply lowered its forecasts for world growth for this year and next, warning the outlook could deteriorate further as US President Donald Trump’s tariffs spark a global trade war.

The International Monetary Fund sharply lowered its forecasts for world growth for this year and next, warning the outlook could deteriorate further as US President Donald Trump’s tariffs spark a global trade war.

Donald Trump könnte 2025 dafür sorgen, dass aus China Waren deutlich günstiger nach Europa kommen, was deflationär wirken würde.

Am Gründonnerstag hat das Finanzministerium seine Berechnung des Budgetdefizits vorlegt, ausgegangen wird von 4,5 Prozent des Bruttoinlandsprodukts (BIP). Die Einschätzung liegt noch knapp über jener des Fiskalrats, der zuletzt 4,4 Prozent prognostiziert hatte. Die neue Schätzung berücksichtigt auch die geplanten Konsolidierungsmaßnahmen der Regierung in voller Höhe. Für Finanzminister Markus Marterbauer (SPÖ) steigt der Druck zur Umsetzung des Sparpakets.

The European Central Bank lowered interest rates for the seventh time since last June as trade tensions threaten to derail the region’s economic recovery.