ING Monthly: It’s a mad world

The global economy is going through a transformative time, driven by rapid policy shifts under President Trump and Europe's challenges in adapting to new geopolitical realities. Our team of economists explains what to expect in the coming months

In this bundle

It's a mad world

Trying to make sense of the global economy

Carsten: three key areas we'll be watching closely in March

Carsten Brzeski on why trade, central banks and Europe are key areas of focus in the month ahead

The latest upside and downside risks to our global outlook

Rates

Trade

The latest upside and downside risks to our global outlook

Our take on what could go right or wrong for the global economy over the coming months

, and 3 others

United States

Trade

Europe to face first major 'America First' trade policy test

Europe is facing a major trade test with the US this month

and

Guns N' Money: Europe’s reaction to the new geopolitical reality

Europe's reaction to the new geopolitical reality

and

Peace deal hopes and tariff risks drive commodities

Commodities, Food & Agri

Energy

Peace deal hopes and tariff risks drive commodities

Energy prices have recently slipped amid hopes of a Russia-Ukraine peace deal. But sanction and tariff risks abound

and

Our latest views on the major central banks

United Kingdom

United States

Our latest views on the major central banks

ING's thinking on the Fed, ECB, BoE and BoJ

, and 2 others

United States

Optimism about Trump exceptionalism fades amid subdued start to 2025

The US economy has started the year on a soft footing

Geopolitics take centre stage for the eurozone

The uncertain geopolitical situation and the risk of a trade war are still hindering the eurozone recovery, while the ECB thinks that it's almost done…