More expansive fiscal policy is just what the doctor would order in the current economic environment. The big question remains whether politicians will also follow up on this advice. In this blog post, we take a look at what’s currently on the table in several important countries.
Several reputed investors have declared war on the RMB in recent days. How worried should we about an imminent collapse of the RMB? Should we believe Chinese policymakers stating that there is ‘no basis’ for big RMB depreciation? This question brings us to the heart of the problems facing China.
Economic activity in the eurozone is gaining pace. Confidence among firms and consumers is high which points to more positive economic news in the months ahead. Inflation, on the other hand, remains subdued.