the articles & research center news
Diego FRANZIN, Cosimo MARASCIULO, Annalisa USARDI
Didier BOROWSKI, Philippe ITHURBIDE
US and European economies both continue to expand but at different paces. While US growth will likely pick up this year, boosted by an expansionist fiscal policy, the Eurozone cycle probably peaked last year. What effect could this have on the Fed and ECB monetary policies? How are “global risks” (protectionism, geopolitical risks) likely to play?
Head of Macroeconomic Research
The global economy enjoyed a strongest upturn in 2017. The upswing was broad and driven by a notable rebound in global trade and an investment recovery in advanced economies. The improvement in the macroeconomic environment has allowed central banks to confirm the gradual reduction (at different speeds) in the accommodative stance of monetary policy.
Valentine AINOUZ, Sergio BERTONCINI, Silvia DI SILVIO
« An integrated approach, analysing EM through multiple lenses (country, credit and geopolitical risk; macro and micro reform momentum), will in our view be key to understanding a complex and rapidly evolving world.»
Claudia BERTINO, Laura FIOROT, Myles BRADSHAW, CFA, Eric BRARD, Laurent CROSNIER, Monica DEFEND