Growth picking up but inflation remains subdued The euro area economy is growing, supported by monetary policy. Confidence in the economy is strong, and investment and employment are both growing. On the other hand, there still remain problems from the financial and debt crises, and the pace of structural reform has slowed. Share Email Twitter Facebook Linkedin Google+
Forecast: Upswing in the global economy The global economy is experiencing brisk, broadly based growth in the current year. World trade is undergoing a growth spurt. At the same time, inflation remains sluggish. Share Email Twitter Facebook Linkedin Google+
What if China’s economic growth were to slow substantially? How would a rapid but controlled restructuring of China’s economy or a sudden halt to debt-driven growth affect the Chinese and euro area economies? Share Email Twitter Facebook Linkedin Google+
US Federal Reserve normalising its monetary policy stance The US economy has recovered from the financial crisis. Beginning in October, the Fed will reduce the holdings of securities on its balance sheet that it had purchased in its securities purchase programmes. Share Email Twitter Facebook Linkedin Google+
Changes in the economy challenge traditional methods of evaluating monetary policy A number of variations can be formed of the Taylor rule, all of which are simplifications. Monetary policy decisions cannot, however, be taken solely on the basis of simple rules. Share Email Twitter Facebook Linkedin Google+
