Übersicht
Each week, I provide my views on the global macroeconomic environment, with a look ahead to the coming week and a look back at the previous one. Breaking down the top macro headlines around the world, I explain the key implications for investors—and what I think the mainstream news outlets could be missing. This week’s highlights include:
- US home prices reached a new record high, and recently-announced measures aimed at easing affordability are unlikely to meaningfully reduce home purchase costs.
- Preliminary Consumer Price Index (CPI) inflation reports from France, Germany, and Spain showed continued subdued price pressures. I expect next week’s aggregated Eurozone CPI inflation figures to show the European Central Bank’s success at bringing inflation back to its 2% target.
- Both of Prime Minister Sanae Takaichi’s two nominations to the Bank of Japan’s (BoJ) governing board have historically espoused dovish views on monetary policy. Markets currently suggest that the BoJ will hike rates by 25 basis points twice by year end.
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Published on 27 February 2026.
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