Editorial : Accelerated mutualisation of bank resolution funds
Global Overview : US - The plot against the dots
The week in the US : A soft trend lies below the snowy weather
The week in the Euro zone : Inflation….or lack of it
Focus1 : German pension reform reverses course
- Banking union is entering a new phase. The mutualisation of the bank resolution funds will come sooner than expected
Global Overview : US - The plot against the dots
- Janet Yellen, the new Fed’s Chair, surprised markets by suggesting the first rates hike could come as early as March or April 2015. Far from a done deal to our opinion.
The week in the US : A soft trend lies below the snowy weather
- FOMC members decided to go on with the tapering, slightly amending the statement to take note of the recent slowdown and emphasizing, once more, that they were expecting to maintain a highly accommodative mode for a prolonged period.
The week in the Euro zone : Inflation….or lack of it
- Downward revision in February
Focus1 : German pension reform reverses course
- In Germany, the new draft legislation on pensions represents a break with the past reforms which have so far managed to preserve the pay-as-you-go system.
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