Vitor Constâncio
@VMRConstancio
Former ECB Vice President. President of the Council of ISEG, University of Lisbon. Professor at Navarra University, Masters School, Madrid
EUROPE AVOIDS A TRADE WAR THROUGH A LOSING DEAL The EU showed its weakness by caving in to the power of the hegemon. The first and last opportunity the EU had to resist the bully was in April, immediately after the announcement of the “reciprocal tariffs”, as China did. However,…
I know you are being sarcastic, but he doesn’t deserve the subtlety. He was at the FED in the big financial crisis during a democrat Administration and was a strict hawk. Now, to get the job and please Trump he takes the opposite view. Everyone should be informed about it and see…
So, he's willing to admit he's been wrong for decades and now sees the light. Good for him.
Thank you very much @GFXFTs !. I wish you all a great weekend!
#FF @C_Barraud @LiveSquawk @VMRConstancio @AdamPosen @SpencerHakimian @MikaelSarwe @dlacalle_IA @Ksidiii @DeItaOne @dampedspring @themarketear @JackFarley96 @jeuasommenulle @FerroTV @chigrl @FedGuy12 @PiQSuite @vtchakarova @Alea_ @jnordvig @VPatelFX @buccocapital @SpecialSitsNews…
Merci bien @C_Barraud ! Have a great weekend, everyone.
#FF @LiveSquawk @Fredgenta @neilksethi @VMRConstancio @OliverRakau @NCheron_bourse @agnostoxxx @fastrevealnews @MikaelSarwe @enlundm @Newsquawk @ForexLive @dlacalle_IA @vtchakarova @AnilVohra1962 @calculatedrisk @GFXFTs @Sino_Market @fxmacro @PiQSuite @MikeZaccardi…
Don’t mess with Finland. Italy, on the other hand is s different story.
Read @VMRConstancio on the ECB review and his conclusions from the last inflation episode: ”Seeing-through” the initial inflation spike caused by a supply shock—when inflation is unavoidable—is the correct approach”. @DavidBeckworth @AdamPosen
A FEW CONCERNS ABOUT THE ECB'S NEW MONETARY FRAMEWORK See my assessment of the new ECB monetary policy strategy statement, expressing some concerns about a meaningful change in relation to the previous framework of 2021. My concerns are explained considering the lessons from…
A FEW CONCERNS ABOUT THE ECB'S NEW MONETARY FRAMEWORK See my assessment of the new ECB monetary policy strategy statement, expressing some concerns about a meaningful change in relation to the previous framework of 2021. My concerns are explained considering the lessons from…
Merci bien @C_Barraud ! Have a great weekend, everyone.
#FF @LiveSquawk @Fredgenta @neilksethi @VMRConstancio @OliverRakau @NCheron_bourse @agnostoxxx @fastrevealnews @MikaelSarwe @enlundm @Newsquawk @ForexLive @dlacalle_IA @vtchakarova @AnilVohra1962 @calculatedrisk @GFXFTs @Sino_Market @fxmacro @PiQSuite @MikeZaccardi…
Indeed!
Grateful for another superb semester at @WU_econ & all the students I meet there! We had great fun – discussing ECB Governing Council meetings; speeches by Schnabel, Lane & V Constancio; Draghi Report. Ofc US Admin also gave us ample to talk about weekly. Teaching is great!
Grateful for another superb semester at @WU_econ & all the students I meet there! We had great fun – discussing ECB Governing Council meetings; speeches by Schnabel, Lane & V Constancio; Draghi Report. Ofc US Admin also gave us ample to talk about weekly. Teaching is great!
Thank you very much @GFXFTs! I wish you all a great weekend
#FF @C_Barraud @LiveSquawk @VMRConstancio @AdamPosen @SpencerHakimian @MikaelSarwe @dlacalle_IA @Ksidiii @DeItaOne @dampedspring @themarketear @JackFarley96 @jeuasommenulle @FerroTV @chigrl @FedGuy12 @PiQSuite @vtchakarova @Alea_ @jnordvig @VPatelFX @buccocapital @SpecialSitsNews…
Merci bien @C_Barraud ! Have a nice weekend, everyone.
#FF @LiveSquawk @Fredgenta @neilksethi @VMRConstancio @OliverRakau @NCheron_bourse @agnostoxxx @fastrevealnews @MikaelSarwe @enlundm @Newsquawk @ForexLive @dlacalle_IA @vtchakarova @AnilVohra1962 @calculatedrisk @GFXFTs @Sino_Market @fxmacro @PiQSuite @MikeZaccardi…
🇺🇸 Tariffs revenues came in at a $320bn annual rate in June, not fully passed through yet but also before any substitution and growth effects. Huge uncertainty over tariffs cruising speed and how it will impact the net effect of fiscal policy.
You made a relevant contribution to the Forum. See summary and comments at @vconstancio.substack
Deeply honored to have participated in a panel at the @ecb Forum in Sintra. My remarks focused on the risk that high legacy debt may push part of the euro area into fiscal stagnation, and how a pro-growth approach to fiscal policy can mitigate this risk.
CENTRAL BANKS BRIEFLY IN "A GOOD PLACE" - SINTRA’s ECB FORUM Check out my new post on Substack with my comments and a summary of the ECB´s Forum where some important issues were raised. Central Banks will be soon challenged in their present positions by weaker economies, trade…
Beyond words: Donald Trump, the President of the United States just launched the commercialisation and publicity of a perfum. From The Hill publication: “The President took a break from the issues that have dominated his social media messages in recent days — political feuds, the…
The ECB Monetary Forum in Sintra started today with two disappointing research papers. Fortunately the next two papers for tomorrow are more interesting. The first paper, on “ Euroslerosis at 40 labor market institutions, dynamism and European competitiveness” tries to prove that…
The G7 is exempting American multinationals from the global minimum tax. It’s pathetic and scandalous.
Quoted from the FT: “The world’s leading economies have agreed to a deal to spare the US’s largest companies from paying more corporate tax overseas, throwing into doubt the status of the biggest global tax deal in over a century.” This is very sad. Nobody who cares about the…