Europe Rapid Response ECB President Suggestions that Christine Lagarde may leave the ECB before the end of her term do not have any immediate implications for monetary policy. But the story shows that European politicians (like those... 18th February 2026 · 3 mins read
Europe Rapid Response Swiss Flash GDP (Q4 2025) The 0.2% q/q rise in sporting event adjusted GDP in Q4 was a bit smaller than we expected (+0.5%). This may be partly because the 39% tariff imposed on Switzerland by the US was only reduced to 15%... 16th February 2026 · 2 mins read
Europe Rapid Response Swiss CPI (January) Swiss inflation remained at 0.1% in January and we expect it to undershoot the consensus forecast and stay around zero for the rest of the year. Combined with the strength of the franc, we think this... 13th February 2026 · 2 mins read
Europe Rapid Response German Industrial Production (December) The slump in German industrial production in December pours cold water on the hopes of an industrial recovery. And though the recent pick-up in industrial orders suggests the outlook for the start of... 6th February 2026 · 2 mins read
Europe Rapid Response Euro-zone HICP (January 2026) January’s declines in headline and core inflation left both below the ECB’s forecasts for Q1. This is consistent with our view that inflation will be lower than the central bank expects in 2026, but... 4th February 2026 · 2 mins read
Europe Rapid Response Euro-zone GDP (Q4 2025) & Unemployment (Dec. 2025) Euro-zone GDP growth remained around its trend rate in Q4 and we expect it to maintain that pace in 2026. 30th January 2026 · 2 mins read
Europe Rapid Response Germany, France, Italy & Spain GDP (Q4 2025) National data published this morning suggest that euro-zone GDP grew by a slightly stronger-than-expected 0.3% q/q in Q4. Spain remained the star performer, while Germany, France and Italy also... 30th January 2026 · 2 mins read
Europe Rapid Response Euro-zone EC Survey (January 2026) January’s EC survey suggests that the economy got off to a fairly strong start to the year, with the services sector growing while industry continues to struggle. But the labour market has loosened... 29th January 2026 · 2 mins read
Europe Rapid Response Riksbank Policy Announcement (January 2026) While the Riksbank left its policy rate at 1.75% and its forward guidance unchanged today, the economic data have improved significantly over the past few months and have given us greater confidence... 29th January 2026 · 2 mins read
Europe Rapid Response Germany Ifo Survey (January 2026) The weaker-than-expected German Ifo in January pours some cold water on expectations that the German economy might be finally turning the corner. The fiscal stimulus should still cause growth to pick... 26th January 2026 · 2 mins read
Europe Rapid Response Euro-zone PMIs (January 2026) While the new year has begun with a lot of geopolitical turbulence, the flash PMIs for January suggest that the euro-zone economy is still expanding at a moderate pace while price pressures rose a... 23rd January 2026 · 2 mins read
Europe Rapid Response Norges Bank Policy Announcement (January 2026) Today’s decision to leave the policy rate at 4.0% came as no surprise and the Bank’s messaging repeated that policymakers are in no hurry to lower rates further. We are forecasting a cut in June, but... 22nd January 2026 · 2 mins read
Global Economics Rapid Response Greenland tariffs: the political consequences would trump the economic It remains unclear whether President Trump’s threat to impose tariffs on eight European countries unless a deal is reached to acquire Greenland will ever materialise. But if it does, the economic... 18th January 2026 · 3 mins read
