China Keeps Policy Loan Rate Unchanged for Second Month (25.11.2024)
China’s central bank kept a policy loan rate unchanged after last cutting it in September, as the authorities stay patient in ramping up monetary stimulus.
#dieWIRTSCHAFTSPRAXIS-VW.THINKTANK I STATUS.QUO Q2/2025
German Business Outlook Stays Subdued After Government Falls (25.11.2024)
Germany’s business outlook slid in November, remaining subdued due to the collapse of the government and the threat of trade tariffs following Donald Trump’s re-election as US president.
Trump Trade Muddles Inflation Outlook in Fed’s Favorite Gauge (25.11.2024)
A stock-market rally boosted by President-elect Donald Trump’s victory is set to put upward pressure on the Federal Reserve’s preferred inflation gauge, which in turn could keep interest rates elevated.
Trump Trade Muddles Inflation Outlook in Fed’s Favorite Gauge (25.11.2024)
A stock-market rally boosted by President-elect Donald Trump’s victory is set to put upward pressure on the Federal Reserve’s preferred inflation gauge, which in turn could keep interest rates elevated.
Chinese Exports to Hit Record This Year Before Second Trump Term (24.11.2024)
Economists expect Chinese exports to reach a historical high this year as customers rush to front-load orders given President-elect Donald Trump’s threat of higher tariffs when he takes office in January.
US Treasury Pick Bessent ‘Is a Fiscal Hawk’: Wall Street Reacts (23.11.2024)
Hedge fund chief Scott Bessent’s Friday nomination to become the US Treasury Secretary is offering bond investors a glimpse into the incoming administration’s sweeping economic agenda after an extended search that included multiple prominent contenders.
Fed’s Williams Says ‘Not Quite There Yet’ on Cooling Prices (21.11.2024)
Federal Reserve Bank of New York President John Williams said that while prices have come down in a still-solid economy, there’s still room to go for inflation to come into the Fed’s 2% target.
Mexico, Canada and China Account for About 40% of US Trade I BLOOMBERG I 27.11.2024
2025 + 1996 I BLOOMBERG I 25.11.2025
With prospects having diminished for a prolonged series of Fed rate cuts, this episode is beginning to look quit a bit like the mid-1990s, when there was a shallow cycle of easing after considerable monetary tightening, according to BNP Paribas.
Almost 30 years ago, the Federal Reserve ended a cutting cycle earlier than may have been anticipated,” Timothy High, a senior rates strategist at the bank, wrote in a note last week. Much like in the current period, the Fed viewed rates as restrictive, and cut them to preserve a soft landing, even though inflation was faster than policymakers wanted. They went on to pause for a prolonged stretch as strong growth continued alongside disinflation.
“2025 could end up rhyming with 1996,” High wrote. “Despite some signs of labor market weakness, the US economy has remained resilient with growth above potential and disinflation largely intact.”
Wirtschaft fordert Einfrieren der Strom- und Gasabgabe (25.11.2024)
Bloomberg Green Newsletter: Five Things We Learned at COP29
After running more than 24 hours over time, COP29 finally sealed a deal on climate finance. You can read our full story of the hard-won agreement — and all of our COP29 coverage — for free on Bloomberg.com. Today we give you our five takeaways from the summit.
ECB's Villeroy Says ‘Very Confident’ It Will Meet Inflation Goal (22.11.2024)
The European Central Bank is “very confident” it will sustainably reach its 2% inflation target and should even get there earlier than expected in its September forecasts, Francois Villeroy de Galhau said.
Euro zone business activity falls sharply in November, survey shows (22.11.2024)
Euro zone business activity took a surprisingly sharp turn for the worse this month as the bloc's dominant services industry contracted and manufacturing sank deeper into recession, a survey showed on Friday.
IHS-Chef Bonin verdeutlicht Notwendigkeit eines Sparpakets (24.11.2024)
ECB Can Lower Rates Independent of Fed Moves, Villeroy Says (23.11.2024)
European Central Bank policy will develop regardless of what happens at the Federal Reserve, according to Governing Council member Francois Villeroy de Galhau.
Germany’s GDP Growth Revised Down as Export Drop Holds Back Economy (22.11.2024)
Germany’s economy expanded less than initially reported in the third quarter, another piece of bad news as the country heads for early elections.
Germany’s GDP Growth Revised Down as Export Drop Holds Back Economy (22.11.2024)
Germany’s economy expanded less than initially reported in the third quarter, another piece of bad news as the country heads for early elections.
ECB’s Lagarde Urges Europe to Pool Resources for Shared Priorities (18.11.2024)
Europe should pool its resources in areas like defense and climate as its productivity growth falters and the world fragments into rival blocs, European Central Bank President Christine Lagarde said.
PMI: French Private-Sector Output Sinks at Fastest Pace Since January (22.11.2024)
Private-sector business activity in France plunged at the quickest rate since the start of the year as political and geopolitical uncertainties drove an unexpected slump in the services sector.
„Minimalkompromiss“: Auf COP29 folgt scharfe Kritik von NGOs (24.11.2024)
Nach mehr als 30 Stunden Verlängerung ist die Weltklimakonferenz (COP29) in Aserbaidschan mit einem hart erkämpften Kompromiss zu Ende gegangen. Umweltschutzorganisationen reagieren mit scharfer Kritik, aber auch mit Ernüchterung auf das Ergebnis von Baku. Die Rede ist von einem Tropfen auf den heißen Stein und von einem Rückschlag für die Entwicklung der neuen nationalen Klimaziele – die COP29 habe immerhin das Mögliche erreicht, wie es mit Verweis auf eine schwierige weltpolitische Lage heißt.
BANK AUSTRIA I ÖSTERREICH AKTUELL I 11/2024
ECB’s Lagarde Sounds Alarm on EU Inertia Over Capital Markets Union (22.11.2024)
European Central Bank President Christine Lagarde said Europe’s continuing struggle to innovate and the souring geopolitical backdrop make it even more imperative to unite its capital markets.
Fed’s Goolsbee Sees Rates a ‘Fair Bit Lower’ Over Next Year (21.11.2024)
Federal Reserve Bank of Chicago President Austan Goolsbee said he sees interest rates moving “a fair bit lower,” while expressing confidence inflation is easing toward the central bank’s objective alongside a solid labor market.
Navigating a fragmenting global trading system: insights for central banks (21.11.2024)
What Is US-China ‘Decoupling’ and How Is It Happening? (22.11.2024)
After three decades of growing trade between China and the West that reshaped the global economy, leaders and businesses in Washington, Brussels and elsewhere are looking to pull back. They worry that China’s dominant role as the workshop of the world has created gaping imbalances and unhealthy dependencies, and harmed their ability to compete in industries created by or transitioning to a low-carbon economy. “Decoupling” was how politicos and pundits initially described the solution, suggesting
ECB's Holzmann Says Must Keep Restrictive Interest Rate Policy on Price Risks (21.11.2024)
European Central Bank monetary policy must remain restrictive given lingering inflation risks, according to Governing Council member Robert Holzmann.
ECB’s Stournaras Warns Trump Levies May Trigger Europe Recession (18.11.2024)
Europe will see economic activity weaken if the US imposes tariffs, according to European Central Bank Governing Council member Yannis Stournaras.
COP29 Summit Puts Trillion-Dollar Climate Financing on Table (21.11.2024)
A draft COP29 deal to scale up international climate finance to at least $1 trillion angered delegates on all sides over a lack of detail about where the money would come from.
EU Urged to Engage With Trump Team on Trade as Soon as Possible (21.11.2024)
Some European Union member states want the bloc to engage more urgently with Donald Trump’s transition team as they hope to stave off disruption and worsening tensions with its largest trading partner.
Musk-Trump Alliance Has Saudi, Abu Dhabi Wealth Funds Eyeing More US Deals (21.11.2024)
In the weeks leading up to the US presidential election, one of the United Arab Emirates’ most influential royals met with Elon Musk. Days after the results were clear, the head of Saudi Arabia’s Public Investment Fund was pictured alongside Donald Trump and the Tesla Inc. chief who helped put him in the White House.