

Economic Comment
The new Dutch coalition government’s Climate and Transition fund boosts the credibility of its hydrogen plans. The Dutch now rank first in the Champions League for clean hydrogen.
Special
The European Commission proposed to include nuclear energy and gas in the EU Taxonomy. The addition of these activities has caused debates among Member States about a fundamental question: Are nuclear and gas the new green?
Dutch Housing Market Quarterly Dutch version
House prices are expected to rise by 14.9 percent this year and 12.4 percent in 2022. The number of homes sold will fall sharply in 2022, to 188,000. For the full year 2021, we expect to see around 222,000 transactions.
Economic Quarterly Report Dutch version
We expect the Dutch economy to grow by 2.9 percent in 2022, lower than previously projected. This is due to stricter corona measures and higher than expected inflation.
Special
On the one hand, we expect high labour demand and labour market scarcity to increase the likelihood of wage growth. On the other hand, this upside potential is being eroded by an increased supply of labour from overseas, international competition, and structural shifts. As such, we believe it will take some time before “significant” wage growth will occur.
Special
Biden’s nominatie van Powell voor een tweede termijn als Fed-voorzitter zou gunstig moeten zijn voor de onafhankelijkheid van de Fed van partijpolitiek. Echter, het is een nederlaag voor de linkervleugel van de Democratische partij die een voorkeur zou hebben voor een kandidaat die de impact van monetair beleid op vermogensongelijkheid terugdraait.
Special
Post-COP26, the 1.5°C target is still out of reach, but the gap narrows as Glasgow brought some progress. Paris Agreement Rulebook was finalized and new emission reduction pledges were announced. Yet, credibility concerns cast some shadow over these announcements and climate finance remains unsettled.
Special
Although the bipartisan infrastructure package is long overdue given the state of the infrastructure of the United States, it will hit the economy at a time of full employment and after a couple of years of high inflation. This means that the bang for the buck will be substantially eroded.