Report
Some like it cold… the policy-mix in the eurozone
In 2024, as in 2022 and 2023, the European policy mix is doubly restrictive. First, it is restrictive because the ECB is maintaining key rates that are too high for an economy where inflation has normalised and growth is barely positive. Second, it is restrictive because fiscal policy is being tightened. After several years of suspension, the EU has reintroduced a fiscal governance framework forcing many countries, including France, to make serious efforts to get out of excessive...
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Oddo BHF
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Bruno Cavalier
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