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Philip R. Lane: Outlook for the euro area economy
ECB wage tracker at 2.7% in Q1 2027, indicating stable negotiated wage pressures
But Trump’s coercion could force Modi’s Hand.
After the Iran war, the region has no good options.
“Unthreatening and respectful.” That is how the president of the United States described North Korea on Aug. 16, 2026, in his social media post ordering his secretary of defense to scale back joint exercises with South Korea. Two years earlier in Seoul, the U.S.-South Korean alliance agreed that Sou
They are a poor way to do good
The scheme has helped to stabilise the rupee
Its belt-tightening is good micro, but bad macro
And makes trouble for the Fed
A smaller workforce and slower growth