2012
Comming soon (Valentina Ballestra, italian version only)
2011
The EU Area debt crisis is highly degenerate in the last month (Valentina Ballestra, italian version only)
The US growth exceeds expectations in the third quarter and is supported by private consumption (Valentina Ballestra, italian version only)
Remains a strong weakness on consumption (Valentina Ballestra, italian version only)
Structural policies are necessary to stimulate growth. The risk of regression increases (Valentina Ballestra, italian version only)
Reached agreement on the US federal debt (Valentina Ballestra, italian version only)
In U.S. short term economic data offer signs of a general slowdown. In EU area remains a significant difference of performance among countries (Valentina Ballestra, italian version only)
Concern for U.S. government accounts. In Europe the recovery has been driven mainly by Germany (Valentina Ballestra and Francesca Volo, italian version only)
Growth in the United States proceeds at a moderate rate. European inflation rises to 2,8% y/y, very likely new future rate hikes (Valentina Ballestra and Francesca Volo, italian version only)
The USA job market data are improving. In Europe the worry of the middle long term expected inflation is growing up (Francesca Volo and Chiara Zambon, italian version only)
The recent rise in inflation, dependent on the geopolitical tensions that influence commodity prices, might lead to the ECB decision to rise the interest rates (Francesca Volo and Chiara Zambon, italian version only)
The positive end-of-the-year data mitigate the concerns originate from the weakness of the goverment debts in the euro area and from the commodity market (Anne Baumgarten, Francesca Volo and Chiara Zambon, italian version only)
Optimism and rising expectations among investors due to better than expected end-of-the-year data in the USA. Successful ECB's monetary policy in maintaining price stability appears to outweigh fears of new sovereign debt in the Euro Area (Anne Baumgarten and Francesca Volo, italian version only)
2010
The Fed's QE2 risks causing harsh criticism both among domestic and international markets. Increasing discrepancies in competitiveness and growth among single member states is limiting potential growth in the Euro Area (Anne Baumgarten and Francesca Volo, italian version only)
Tensions among international markets due to expected QE2 policy by the Fed. Will agreements on avoiding competitive devaluation of currencies be respected? (Anne Baumgarten and Francesca Volo, italian version only)
The world seems to be heading towards a currency war to foster growth through exports. Fears of the "Beggar thy Neighbor" policy are back (Anne Baumgarten, italian version only)
While the Fed retains new additional tools and strategies for providing additional stimulus, the EU Area appears to enter a period of sustained recovery (Anne Baumgarten, italian version only)
Central Bankers acknowledge economic recovery. Changes in key interest rates are however not yet justified (Anne Baumgarten, italian version only)
Central Bankers delay their exit strategy from quantitative easing measures (Anne Baumgarten and Elisa Guerra, italian version only)
Austerity plans enacted all over Europe, in order to restrain public debt explosion (Elisa Guerra, italian version only)
Fears over European sovereign debts sink the single currency (Elisa Guerra, italian version only)
Euro Area leaders approved a support plan for Greece (Elisa Guerra, italian version only)
European recovery trend has lost momentum (Elisa Guerra, italian version only)
Concern for sovereign debt strenght (Elisa Guerra, italian version only)
Chinese economy leads world recovery (Elisa Guerra, italian version only)
2009
Economic activity is returned to growth in the third quarter, but the pace of recovery is slowing (Elisa Guerra, italian version only)
Signals of lasting recovery or temporary effects of stimulus measures? (Elisa Guerra, italian version only)
A slow and difficult recovery is expected (Elisa Guerra, italian version only)
Industrial production is increasing, thanks to global trade recovery (Elisa Guerra, italian version only)
Positive momentum for the American economy (Elisa Guerra, italian version only)
Global recession is slowing (Elisa Guerra, italian version only)
The ECB approved its first credit easing policies (Elisa Guerra, italian version only)
Recovery signals from the spread rise in confidence indexes (Elisa Guerra, italian version only)
Few positive signals but the situation remains bleak (Elisa Guerra, italian version only)
A further worsening of the international economic outlook is expected (Elisa Guerra, italian version only)
Bleak outlook for supply (Elisa Guerra, italian version only)
American cost of money is plummeted near zero (Elisa Guerra, italian version only)
2008
Global recession (Elisa Guerra, italian version only)
Worldwide rate cuts in order to restrain the crisis (Elisa Guerra, italian version only)
Turmoil on financial markets (Elisa Guerra, italian version only)
Is Europe at risk of recession? (Elisa Guerra, italian version only)
Even Europe shows signals of slackening (Elisa Guerra, italian version only)
Ecb tries to restrain the sharp rise in prices (Monica Da Sacco and Elisa Guerra, italian version only)
Fed is now concentrating on inflation (Monica Da Sacco, italian version only)
The United States are not in recession yet (Monica Da Sacco, italian version only)
Credit sector solvency is Fed main problem (Monica Da Sacco, italian version only)
Almost certain another rata cut for the US Fed (Monica Da Sacco, italian version only)
Monetary policy and fiscal incentives to support US Economy (Monica Da Sacco, italian version only)
Stagflation risk for the US economy (Monica Da Sacco, italian version only)
2007
Almost expected another cut to support US growth (Massimo Da Ros and Monica Da Sacco, italian version only)
The Fed concerned about the economic growth cuts the fed-funds interest rate one more time (Massimo Da Ros, italian version only)
The crisis of the building industry and credit still keep the Fed pending (Massimo Da Ros, english version: Leonardo Carati)
The issue of the subprime crisis shakes Central Bank’s decisions (Massimo Da Ros and Giorgia Fruscalzo, italian version only)
Despite recovery, uncertainty on US’s economy persists (Massimo Da Ros and Giorgia Fruscalzo, english version: Leonardo Carati)
The real GDP growth decelerates, but preoccupations with inflation expectations continue to be (Massimo Da Ros and Giorgia Fruscalzo, english version: Leonardo Carati)
ECB continues its tight monetary policy: others interest rate rises are foreseen within the end of the year (Massimo Da Ros and Giorgia Fruscalzo, english version: Leonardo Carati)
All extended reports are disposable only in Italian version.
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