The Treacherous Last Mile of Inflation | Vincent Deluard on France, 2025 U.S. Fiscal Drag, COLA Pain, and the U.S. Healthcare Price Spiral
Monetary Matters with Jack Farley
Euro Under Pressure: Economic and Political Crises
This chapter explores the depreciation of the euro against the dollar, focusing on the underlying political and economic crises affecting France and Germany. It discusses the implications of reckless fiscal policies, the challenges of existing EU monetary rules, and rising investor concerns regarding credit risk. The chapter also evaluates the potential for a weak euro to stimulate growth, while cautioning investors to adopt a careful approach amidst broader economic uncertainties.
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