Economic Comment
Dutch Political Update: Light at the end of the tunnel?
It has been over four months since the Dutch parliamentary elections and no government has been formed yet. At the same time, it appears that negotiators are making progress.
Economic Comment
It has been over four months since the Dutch parliamentary elections and no government has been formed yet. At the same time, it appears that negotiators are making progress.
Economic Update Dutch version
The Dutch economy is experiencing a strong economic recovery. The most recent monthly figures support this: household consumption increased and confidence remains high. Inflation however remains lower than previously expected.
Special
Eurozone (core) inflation is likely to stay low for longer. This is driven by lower wage growth for an extended period of time and give cyclical and structural explanations. This means the ECB is unlikely to raise interest rates before 2019.
Special
So far, Trump has failed to implement much of his protectionist trade agenda. We discuss five reasons why we believe Trump will not implement a full-fletched package of protectionist measures. If Trump does resort to protectionism, US GDP could face losses up to -3.1 percentage points in 2018.