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ADVANCED ECONOMIESUnited States – WorldTariffs for everyone. Trump announced “reciprocal tariffs” on 2 April, applying to all of the United States’ trading partners and ranging from 10% to 50% (complete list). The new 10% floor rate has been in force since 5 April. The higher rates will apply from 9 April: 20% for the European
Thursday, June 19, 2025 Eco Flash FOMC: Waiting and Divided Wednesday, June 18, 2025 Charts of the Week In the Eurozone, inflation is also a monetary phenomenon Monday, June 16, 2025 Eco Week Markets Review – 16 June 2025 Eco Week EcoNews – 16 June 2025 Scenario and forecasts The updated scenario and forecasts of
As a result of the post-Covid debts surge and rising interest rates, the financial burden on governments is increasing. In the OECD, it has reached 3.3% of GDP, its highest level since 2010. For the European Union, the end of the period of cheap money coincides with a substantial increase in its borrowing requirements, partly
International Trade“Liberation Day” is approaching. Without waiting for 2 April, the date of the announcement of the “reciprocal tariffs”, which Donald Trump is calling “Liberation Day”, on 26 March, he announced 25% customs duties on cars manufactured outside of the United States, to take effect on 3 April. He also announced that tariffs on imports
Thursday, June 19, 2025 Eco Flash FOMC: Waiting and Divided Wednesday, June 18, 2025 Charts of the Week In the Eurozone, inflation is also a monetary phenomenon Monday, June 16, 2025 Eco Week Markets Review – 16 June 2025 Eco Week EcoNews – 16 June 2025 Scenario and forecasts The updated scenario and forecasts of
The message delivered by Beijing at the annual meeting of the National People’s Congress at the beginning of March was clear: whatever the difficulties linked to trade and technological rivalries with the United States, the Chinese economy must achieve growth of close to 5% in 2025. The target has remained unchanged since 2023. It seems
ADVANCED ECONOMIESUnited StatesThe Fed in a state of equilibrium (EcoFlash of March 20). Its interest rate target has remained at +4.25% – +4.50%, but with a significant downward revision to the median forecast for growth (-0.4 pp to +1.7 y/y in Q4 2025) and an upward revision to the median forecast for PCE inflation (+0.2
THE ECONOMISTS WHO PARTICIPATED IN THIS ARTICLE Team : Data and Analytics Team PDF – Full publication Other articles from the same publication China in 2025: temporary adjustment or structural rebalancing of economic growth drivers? The message delivered by Beijing at the annual meeting of the National People’s Congress at the beginning of March was
They say the Davos consensus is always wrong, but it usually takes longer than a couple of months to be apparent. Not so in 2025.Back on Inauguration Day, world elites gathered in the Swiss Alps were enthusiastic about the prospects of the US economy under Donald Trump’s second mandate. So were US households and small
The tariffs imposed by the Trump administration and the acceleration of the US-China decoupling will lead to a slowdown in global economic growth, a further reconfiguration of international trade, and the continued reorganization of value chains. These changes will have multiple consequences for emerging countries. All will suffer negative effects linked to the slowdown in