Report
The rise in the household savings rate in the euro zone is bad news in the short term, but good news in the long term
The divergence between the US household savings rate (which is falling) and the European household savings rate (which is rising) is penalising the euro-zone economy in the short term, since it is leading to a fall in consumption, while consumption is rising rapidly in the United States. But in the long term, the rise in the household savings rate in the euro zone may turn out to be good news. If these savings are used in the euro zone and not lent to the rest of the world, they will give the euro zone the means to invest in the energy transition and to increase its investment in new technologies, whereas the United States has to borrow from the rest of the world to make the necessary investments. This means that the eurozone will potentially have more secure and stable financing for its investments than the United States.
Provider
Natixis
Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.
Patrick Artus
Other Reports from Natixis
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.