This is the biggest surprise in the data and capital goods are a good indicator of future investment spending.

This is a modest improvement, but we expect bigger improvements in the months ahead, as the labor market usually lags the economic cycle.

It looks like GDP growth forecast risks might be on the upside.

The bottom line is that France seems to have run through a metamorphosis from a euro zone driver to a growth laggard. Those who revised up their euro zone GDP growth outlook for this year...

It seems in a way that [Duisenberg] would have liked to hike already, but that he couldn’t find a consensus in the council. He had very strong points that rates can only go in one...