Germany, long regarded as Europe’s economic powerhouse, owes much of its success to its export-driven industrial base. However, recent years have seen this foundation weaken under the weight of declining global demand, shifting supply chain dynamics, and rising...
France’s inflation remains near the European Central Bank’s (ECB) 2% target despite significant fiscal spending during the pandemic and in response to the war in Ukraine. However, this spending has sustained a fiscal deficit of 5.5% of GDP since 2023—well above the...
South Korea’s brief declaration and subsequent revocation of martial law by President Yoon has damaged investor confidence, further weakening the won and placing pressure on the country’s inflation trajectory. This political instability comes at a critical time for...
Global Inflation Amid Trade Uncertainties Good afternoon and welcome to Turnleaf’s global inflation call. For the past month, global inflation expectations have been shaped by global trade uncertainty as proposed U.S. tariffs could hurt key global industries while...
On the cusp of a new year, the question top of mind for many governments, businesses and individuals must be “What will economic growth and inflation be in 2024?” After all, 2022-2023 may well be remembered as the years that central banks and economists made major...
