EUROPE
Olivier Blanchard: Euro
area policymakers have been focused in recent years on designing better banking
and fiscal unions, two important legs of the euro architecture. But their
discussions miss a third essential leg, namely major improvements to the
macroeconomic adjustment mechanism, which can only be achieved through national
wage negotiations.
On February 23, EU
members began negotiations on the bloc's multiannual financial framework for 2021-2027.
But, with all countries focusing on net balances – how much they receive minus
how much they pay – will the composition of spending bear any relation to the
EU’s stated priorities?
UNITED STATES
FEDERAL
RESERVE
“Avoiding An Overheated
Economy” – Tim Duy
SocGen: The Fed Is
Wrong, "The Growth Spurt Is Now Behind Us" – ZH
Powell’s Fed Could Be
More Volatile For Markets – WSJ
Powell Brings His Own
Style in Capitol Hill Debut – BB
REGULARS
Kushner kibosh, Amazon calling, Levi lasers
The Fed’s Tricky Balancing Act, Banks Bullish on Oil Market
Fed’s Powell Boosts Expectations on Rates | Consumer Confidence Soars |
$3 Gasoline?
It Takes Powell to Convince the Market that Yellen was Right
EU’s Brexit alarm bells — Tajani tapped — Selmayr backlash continues
Futures Rebound As Global Stocks Slide After Powell "Hawk
Shock"
FINNISH
Suomessa ja Ruotsissa huomio kiinnittyy BKT-lukuihin | Euroalueen inflaatio
kerää markkinoiden huomion | Fedin pääjohtaja Powell jatkoi Yellenin linjoilla