| ‘America first’ showcases Trump’s currency confusion |
| By Mark Sobel |
| US President Donald Trump has again demonstrated his confusion on currency issues with his ‘America first’ executive order on trade policy. The US current account deficit is predominantly a macroeconomic phenomenon, reflecting the country’s savings and investment gap. America’s huge and unwise fiscal deficits, which Trump’s plans threaten to exacerbate, will add to that gap. Read the full commentary → |
Trump 2.0: it’s all about timing
By Elliot Hentov
There has been plenty of commentary and speculation around the various policy initiatives that Trump is likely to enact during his second administration. But what has been missing is how much the timing and sequencing of measures matters for the impact on economic and market performance.
Joachim Nagel on the natural rate of interest
Wednesday 11 February, Live broadcast
Joachim Nagel, president of the Deutsche Bundesbank, delivers a lecture on the natural rate of interest, its measurement, how it evolved over time, the uncertainty around its current level and the implications for policy-making in the coming years.
Joachim Nagel on the natural rate of interest
Wednesday 11 February, Live broadcast
Joachim Nagel, president of the Deutsche Bundesbank, delivers a lecture on the natural rate of interest, its measurement, how it evolved over time, the uncertainty around its current level and the implications for policy-making in the coming years.
ON DEMAND
Public finances, policy and politics: the implication for debt sustainability in 2025
This discussion, organised in partnership with Fitch Ratings, explores the sovereign credit rating trends in 2025. It outlines the outlook for public finances in advanced and emerging market economies and the impact of policy and politics on sovereign debt trajectories.
LATEST REPORT
The Bulletin: January 2025
This edition of the Bulletin examines the implications of US President Donald Trump’s proposed policies, exploring how they could reshape global dynamics in an already fragile macroeconomic environment.
