Economic Insights

Feb 11, 2026

High prices, thin buffers: America’s affordability crisis persists

Despite signs of easing in services components, including rentals, US inflation has remained sticky, and low-income households in particular are feeling the pinch.

Feb 10, 2026

Europe households after the rate shock: A windfall for some, a squeeze for others

Europe’s households after the rate shock: A windfall for some, a squeeze for others

Feb 04, 2026

Team Italy: An economic performance worthy of a gold medal?

Italy approaches the Olympic Winter Games Milano Cortina 2026 with a notably stronger macroeconomic backdrop, underpinned by post‑pandemic resilience in output, employment and trade, and an improved fiscal stance.

Feb 04, 2026

Five things that could derail the ECB

At its meeting this week, the ECB is set to stay stable in turbulent times.

Feb 02, 2026

A new decade high for major insolvencies driven by services, retail and construction

Business insolvencies ended 2025 with an upside trend in most countries, despite already high levels.

Jan 29, 2026

From Japan with love: New policy stance creates both market opportunities and liquidity risks

The major sell-off on the long end of the Japanese sovereign yield curve is not a “Truss moment” but signals a bumpy final stage of Japan’s monetary normalization.

Jan 27, 2026

Commercial debt collection 2026 Trade receivables in a fragmented world: Navigating Collection Complexity

Recovering commercial debt could become even more of a challenge as business insolvencies remain high in most countries while global fragmentation rises amid a reconfiguration of the trading system, volatile protectionism, geopolitical uncertainties and higher digital risk.

Jan 26, 2026

EU-India trade deal: EUR30bn of combined yearly export gains in a fragmented world

After signing the EU–Mercosur agreement on 17 January, the EU is looking to speed up its trade policy momentum to diversify trade structures in a more fragmented global economy.

Jan 23, 2026

Eyes back on the Fed (and on interventionist financial policies)

We continue to expect only one rate cut (-25bps to 3.50%) from the Fed this year. This cut is now expected in June instead of March, which confirms a normalization of monetary policy to neutral settings. A May surprise (-50bps) and resumption of an easing cycle could spook investors.