ING Monthly: Summertime sadness

Summertime sadness

Vacation's over, so back to it!

Inflation’s second wave: Are we really watching a 70s rerun?

There are good reasons to think inflation will be structurally higher and more volatile over the next decade than the last

What central banks are set to do next

We think the Federal Reserve has finished hiking rates, and the ECB and Bank of England aren't far behind

Why an impending US downturn may simply be delayed

The US economy has, so far, confounded expectations of a recession

The eurozone's summer tourist boom should give way to a significant…

The eurozone had a good summer tourism season, but clouds are quickly forming

We’re worried about China, but things could be worse

China's economy has lost further momentum, but deflation anxiety is wide of the mark

Cracks in the UK economy will give the Bank of England pause for thought

Emerging economic weakness suggests the top of the tightening cycle is near

Can Germany rid itself of the 'Sick man of Europe' label?

Germany is once again being called the 'Sick man of Europe' and is in need of new reforms

Gloomy growth prospects ahead for Central and Eastern Europe

The economic outlook remains gloomy for the CEE region; watch out for diverging economic policy responses

Commodities news is dominated by strengthening oil and volatile gas prices

Oil prices have strengthened over the summer and gas prices are volatile

Rates: Why market rates remain under upward pressure

Even as we face recession risks, the discount for future cuts remains too tame

FX: Real rate convergence still on the cards

We still expect EUR/USD to trade above 1.15 in 2024 on the back of EUR:USD real rate convergence