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

Ende Mai waren 375.347 Personen ohne Arbeitsplatz. 296.140 davon waren arbeitslos und 79.207 in Schulungsmaßnahmen beim Arbeitsmarktservice (AMS) gemeldet. Im Vergleich zum April stieg die Zahl um 6,9 Prozent bzw. 24.196 Personen. Die Arbeitslosenrate erhöhte sich um 0,5 Prozentpunkte auf 6,9 Prozent.

The latest World Economic Outlook reports a slowdown in global growth as downside risks intensify. While policy shifts unfold and uncertainties reach new highs, policies need to be calibrated to rebalance growth-inflation trade-offs, rebuild buffers, and reinvigorate medium-term growth, thereby reducing both internal and external imbalances. Policies that promote healthy aging, bridge gender disparities, and enhance the alignment of migrants’ skills with local labor market demands can play a crucial role in countering slow economic growth and fiscal pressures, especially when coupled with infrastructure investment.

Chinese automakers captured the biggest share of Europe’s electric-vehicle market in nine months, regaining ground lost after the European Union imposed tariffs last year.

US consumers hit the brakes in April while goods imports plummeted by a record as companies adjusted to higher tariffs.

German inflation slowed less than expected, highlighting lingering risks as the European Central Bank prepares to lower interest rates again.

The European Central Bank will lower interest rates twice more, according to a Bloomberg survey, but respondents warned it shouldn’t wait too long between those moves or investors will conclude that its easing campaign is already over.

President Donald Trump pushed Federal Reserve Chair Jerome Powell to lower interest rates at their first in-person meeting since the president’s inauguration, the White House said.

European Central Bank Governing Council member Francois Villeroy de Galhau said more reductions in borrowing costs could be on the way, with little sign at present of upward pressure on consumer prices.

American trade policy is in chaos

The regulatory pendulum swings violently

The country’s sprawling industrial policy is beyond mere human comprehension

It is time to think beyond regional success, says Yannis Stournaras

Analysing it is more important than ever. Mitigating it is a nightmare

President Donald Trump’s erratic policies offer a “prime opportunity” to strengthen the euro’s international role and allow the currency bloc to enjoy more of the privileges so far reserved for the US, European Central Bank President Christine Lagarde said.

President Xi Jinping’s government is considering a new version of its master plan to boost production of high-end technological goods, according to people familiar with the matter, signaling its intention to keep a firm grip on manufacturing as President Donald Trump looks to bring more factories back to the US.

France’s inflation rate dropped further below the European Central Bank’s 2% target, reaching a more than four-year low and adding to arguments that borrowing costs can be cut further.

America will pay the price most of all

If it turns inward, the country and continent will lose out

If it does not, a collision with the bond markets awaits

And any jobs-pocalypse seems a long way off

President Donald Trump threatened a 50% tariff on goods from the European Union starting on June 1, saying “our discussions with them are going nowhere.”

Latest Bloomberg survey still suggests economy is shifting into a lower gear

Faster US inflation triggered by President Donald Trump’s tariffs wouldn’t necessarily spill over into the euro zone, according to European Central Bank Chief Economist Philip Lane.

The US Supreme Court shielded the Federal Reserve from Donald Trump’s push to fire top officials at independent federal agencies, in a decision likely to quell concerns that the president might move to fire Jerome Powell.

The European Central Bank must remain vigilant, despite almost having returned inflation to 2%, Governing Council member Joachim Nagel said.

Finance ministers and central bank governors from the Group of Seven nations pledged to address “excessive imbalances” in the global economy, an effort clearly aimed at China, though the final communique omitted the name of the country.