HIGHLIGHTS OF THE WEEK
Economist insights: The ECB remains accommodative, acceleration in growth and introduction of trade tariffs in the US (p.1)
› Euro zone: The outlook for the economic activity continued to improve. The ECB confirmed however that it intends to maintain an accommodative monetary policy, as we expected
› United States: Year-on-year GDP growth continued to accelerate in Q4 2017, driven by a sharp increase in corporate investment. The trend should continue in 2018
› The Trump administration announced it would impose trade tariffs on certain categories of goods imported to the US
› Comments by the US Secretary of Commerce and the economic advisor to Xi Jinping nevertheless downplayed the risk of a trade war, which would be mutually destructive
Weekly Economic Insights - January 29th 2018 - EZ PMI and ECB & US GDP and tariffs