Europe’s economy looks to be heading for trouble
Will policymakers still lift interest rates?
Europe’s summer was a strange mixture of heavy rainfall and wildfires. The continent’s economy was also plagued by extremes. Inflation remained hot: prices rose by 5.3% in August compared with a year earlier. And officials are increasingly worried by the cloudy growth outlook. A recent drop in the purchasing managers’ index (pmi) suggests the bloc is facing recession.
This article appeared in the Finance & economics section of the print edition under the headline “Brace for impact”
Finance & economics September 2nd 2023
- How can American house prices still be rising?
- Which country’s genius deserves the €200 note?
- Europe’s economy looks to be heading for trouble
- Germany’s economic model is sputtering. So are its banks
- High bond yields imperil America’s financial stability
- China’s shadow-banking industry threatens its financial system
- How will politicians escape enormous public debts?
From the September 2nd 2023 edition
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