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The ECB’s Strategic Review in 2020 may (slightly) change the inflation target
Jochen MoebertNils Burkhard
The global map shows the inflation targets of developed and emerging markets.
The global map shows the inflation targets of developed and emerging markets. In emerging economies central banks tend to have higher inflation targets than the central banks in their developed counterparts. The difference generally arises from their stronger inflation rates partly due to lower productivity in tradeable goods production in emerging markets. This key feature is likely to persist as the catch-up process of many emerging markets will continue for some time. [more]
The mid-term review of the EU’s multiannual financial framework 2014-2020 is scheduled for the end of 2016. The scenario of a Brexit taking effect in the upcoming years and the potential impact thereof might well be discussed as part of the review. [more]
One of the widely discussed patterns of the UK-referendum vote is its demographic distribution. Some surveys find that voters older than 65 were more than twice as likely to have opted for “leave” than those younger than 25 years. [more]
The share of light trucks (such as pickups and heavy sport utility vehicles) in total vehicle sales has increased noticeably in the US of late, reaching a new high of over 60% at the end of 2015. [more]
After suffering from two deep economic downturns following the financial crisis and the sovereign debt crisis, the economies of the peripheral countries in Europe eventually stabilised in 2014 or even started growing again. [more]
In 2014 the Chinese spent nearly USD 170 bn on tourism services abroad. This makes them runaway leaders in the spending statistics ahead of tourists from the US (USD 112 bn) and Germany (USD 92 bn). [more]