EconomicForecasting

ECB's Lagarde Addresses Market Uncertainty and Interest Rates

11 days ago

In a recent statement, Christine Lagarde, the President of the European Central Bank (ECB), expressed concerns regarding the growing uncertainty in the market, which complicates the Bank's ability to make firm commitments about future interest rate policies. During a public address, Lagarde indicated that the ECB remains attentive to evolving economic conditions but also emphasized the challenges posed by geopolitical tensions, inflationary pressures, and other unpredictable factors.

UBS CEO Sounds Alarm: Tariff-Driven Inflation Ignored by Markets

2 months ago

In a recent address, UBS Group AG’s CEO, Ralph Hamers, raised concerns about the financial markets' oversight regarding inflation risks associated with global tariffs. His comments come as economists and policymakers grapple with the potential long-lasting effects of trade policies on consumer prices and the overall economy.

Truth Social's Late Calls Signal a Shift in Economists' Lives Under Trump

4 months ago

In a recent development reflecting the ongoing tensions within political communications, former President Donald Trump’s social media platform, Truth Social, has been making headlines due to its controversial late-night posts that have begun to dominate the economic discourse. These late-night calls, often rife with hyperbole and aimed at stirring public sentiment, are beginning to influence the narrative economists once maintained under more traditional communicative platforms.

France Enlists Economists to Revamp Economic Forecasting After Notable Errors

5 months ago

France's government is taking significant steps to enhance its economic forecasting abilities after facing criticism over inaccurate predictions in recent years. Acknowledging the need for improvement, officials are turning to expert economists to help reshape the methodologies used to analyze and predict the country's economic trajectory.

UK Budget Watchdog Raises Alarm Over Possible Legal Breaches by Treasury Officials

5 months ago

The UK's fiscal landscape is facing scrutiny as the Office for Budget Responsibility (OBR), the nation’s independent fiscal watchdog, suggests that officials from the Treasury may have violated the law. This development comes amid ongoing concerns regarding budget transparency and accountability.