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The first phase of the waltz

The first phase of the waltz

At the end of March, the Swiss National Bank inaugurated the ball on interest rate cuts, before being joined, at...

Protection at any price?

Protection at any price?

In both Europe and the US, a cry has gone up in this year of elections – protect us! Against...

We can’t yet call this a trend

With the first-quarter corporate earnings season coming to a close, we can already draw a number of conclusions from a...

We can’t yet call this a trend
Walmart’s magnifying mirror

Walmart’s magnifying mirror

As the first-quarter earnings season draws to a close, Walmart, one of the last remaining stock market heavyweights, went through...

Borders to growth

The strength of the US economy has been a constant source of surprise in recent years: after solid growth of...

Borders to growth
Is the easing real or an illusion?

Is the easing real or an illusion?

At the last meeting of the US Federal Reserve (Fed) in December 2023, its Chair Jerome Powell gave a particularly...

Sunny intervals over the UK

Many a time, the UK has shown itself resilient after flirting with collapse. Will this again be the case in...

Sunny intervals over the UK
There’s electricity in the air

There’s electricity in the air

At fashionable dinners and at those attended by heads of state, electric cars are regularly discussed, attracting a flurry of...

Waging financial warfare

His tone was sombre, his gaze determined, and the audience was awash with military decorations. In his New Year address...

Waging financial warfare
Back to the nineties

Back to the nineties

January 1996. Having raised its key interest rate from 3% to 6%[1], the US Federal Reserve (Fed) completed a brief...

The ECB – driving with its nose glued to the rear-view mirror?

Data dependent: Christine Lagarde used this expression for the first time on 3 February 2022, and we have heard it emphasised time...

The ECB – driving with its nose glued to the rear-view mirror?