January
KOF Economic Barometer: Normalisation at the Start of the Year
The KOF Economic Barometer rises in January. After already taking a step upwards in December, it is now back to its long-term average value. The barometer did not reach this level throughout 2019. The Swiss economy can free itself somewhat from its shackles.
KOF Monetary Policy Communicator for the Euro Area, January 2020
The KOF MPC figure for 23 January 2020 is 0.32. The ECB reiterated the need for a highly accommodative stance of monetary policy for a prolonged period of time.
Euro-Area Economy to Pick Up Some Momentum
The euro-area economy will pick up some momentum, according to three research institutes: ifo in Munich, KOF in Zurich, and Istat in Rome. Economic growth will rise from its low rate of 0.2 percent in the third quarter of 2019 to 0.3 percent in the fourth quarter of 2019. The institutes expect the euro-area economy to continue to grow by 0.3 percent quarter on quarter in each of the first two quarters of the new year.