EUR News
LAST UPDATE: October 18, 2025
Europe needs to make a ‘down payment’ on reforms to sharply boost growth – IMF
The IMF called on Europe to implement initial “down payment” reforms—such as lower electricity costs and harmonized bankruptcy laws—to unlock stronger growth.
Insight
Modest front-loaded reforms can raise growth over time and enhance resilience against economic shocks.
Bank of England Chief Economist Urges Slower Rate-Cut Pace
Huw Pill and another BoE policymaker warned against cutting interest rates too quickly, citing risks of sticky inflation.
Insight
The BoE may adopt a more gradual easing path to avoid derailing inflation expectations.
Swiss minister speaks to Bessent in U.S., gives no sign of progress on tariffs
A Swiss official met US Treasury Secretary Bessent but did not report any breakthrough on tariff issues.
Insight
Tariff diplomacy seems stalled despite high-level engagement, reflecting entrenched trade frictions.
SNB’s Schlegel says economic outlook has deteriorated, points to US trade policy
Swiss National Bank’s Schlegel warned that Switzerland’s economic outlook has weakened, citing U.S. trade policies among headwinds.
Insight
External trade policy shifts are increasingly impacting small open economies’ outlooks.
