Services Inflation Accelerates Further in the Euro Area, Drives Overall & Core CPI Higher by Wolf Richter • Dec 2, 2025 • 20 Comments Services inflation was on the ECB’s worry-list when it kept rates unchanged for the third meeting in a row.
Amazing How Central Bank Money-Printing Reversed around the World after the Inflation Shock by Wolf Richter • Nov 27, 2025 • 80 Comments Balance sheets of the Fed, ECB, BOJ, BOE, and central banks of China, Canada, Australia, Switzerland, and India as % of GDP.
Amazing How the Money-Printing World Has Reversed by Wolf Richter • Oct 9, 2025 • 77 Comments Balance Sheet as % of GDP: Fed, ECB, BOJ, BOE, and Central Banks of Canada, Australia, New Zealand, and Sweden
ECB’s QT Has Knocked €3.28 trillion off its Balance Sheet (far More than the Fed’s QT) and Accelerated QT Further this Year by Wolf Richter • Oct 8, 2025 • 52 Comments Gold mark-to-market quarterly adjustment: +€158 billion for Q3 on gold’s price spike, largest ever write-up.
Home Prices in the Largest Countries of Europe Range from Splendid Housing Bubbles to a Market that Dropped back to 2010 by Wolf Richter • Oct 6, 2025 • 81 Comments Germany, France, Italy, Spain, Netherlands, Poland, Belgium, Sweden, Ireland, Austria, Norway, Denmark, Romania, Czech Republic, Finland, Portugal.
The Foreign Investors Who Bought the Recklessly Ballooning US Treasury Debt and Why They’re so Important by Wolf Richter • Sep 18, 2025 • 48 Comments With US debt issuance threatening to blow all fuses, foreign demand is an increasingly important question.
The Foreign Investors Who Bought the Recklessly Ballooning US Debt: July 2025 Update by Wolf Richter • Jul 18, 2025 • 91 Comments US Treasury debt surged by $441 billion since the debt ceiling, to $36.7 trillion. Foreign demand for this stuff is an increasingly important issue.
ECB Balance Sheet: QT Assets Drop by €64 Billion in June, by €3.18 Trillion from Peak, to €3.98 Trillion, Lowest since June 2020 by Wolf Richter • Jul 10, 2025 • 25 Comments It also wrote down its €1 trillion in gold by €30 billion due to its price decline in euros in Q2.
The (Declining) Status of the US Dollar as Global Reserve Currency: Central Banks Diversify into other Currencies & Gold by Wolf Richter • Jul 9, 2025 • 105 Comments There was an extra-special spectacle in Q1 among the Swiss franc, Australian dollar, British pound, and Japanese yen.
The Housing Markets of Europe: From Most Splendid Housing Bubbles to Go-Nowhere Markets by Wolf Richter • Jul 6, 2025 • 83 Comments Germany, France, Italy, Spain, Netherlands, Poland, Belgium, Sweden, Ireland, Austria, Norway, Denmark, Romania, Czech Republic, Finland, Portugal
