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Published on Monday, October 8, 2018

Winter is coming

In economics, as in other sciences, history helps us anticipate the shocks that might derail expansion phases such as the current one. Some of the biggest crises have originated with US Federal Reserve rate hikes. This time around, normalisation is being carried out gradually and steadily, with communication geared to avoiding unnecessary scares.

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Se-acerca-el-invierno_El-Pais Spanish October 8, 2018
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Press article (PDF)

Winter-is-coming-El-Pais English October 8, 2018
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