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Climate Economics Update EU faces “difficult second album” syndrome with ETS2 By seeking to extend the “polluter pays” principle to building owners and road users, the ‘sequel’ to the EU’s Emissions Trading Scheme was always likely to run into public and political opposition... 19th May 2025 · 4 mins read
Europe Economics Update A deep dive into April's euro-zone inflation data April’s surprisingly large jump in services inflation appears to have been entirely an Easter timing effect that will reverse in May. Meanwhile, there are some near-term upside risks to headline... 19th May 2025 · 3 mins read
Chief Economist's Note Trade truce, or just a pause? The fragile state of US-China relations After weeks of turbulence, a US-China agreement to slash tariffs has suddenly fuelled hopes that the worst of President Trump’s trade war is behind us. That’s certainly been the interpretation in... 19th May 2025
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