Week in Review: Economics trumps politics

US jobs growth surged, Trump approved new import tariffs, the ECB dropped its easing bias and political events in Europe produced mixed results. Here’s a look back at the week that was

In this bundle

US jobs: A likely story…

A surge in payrolls, workers coming back to the jobs market and companies not having to pay staff more is the message from the February jobs report. We…

Tariff exemptions: Damage undone?

President Trump’s decision to exempt Canada and Mexico from import tariffs (pending NAFTA negotiations) significantly limits the impact on domestic…

ECB: Breadcrumbs for the hawks

The ECB dropped its easing bias on QE but subdued inflationary pressure leaves the extension of QE beyond September as our base case scenario

Italy

Italy: Hung parliament, left without obvious short-run solution to gridlock

Without an outright winner but with a populist twist in parliament, forming a new government will be complicated. Expect tactical positioning by party…

Germany

Germany: It’s a ‘GroKo’

More than five months after the elections, Germany will finally get a new government. It will be the old one. A grand coalition, in Germany also known as…