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Economic Research

South Korea: Further challenges to address

South Korea is gradually returning to its potential growth path. Appropriate economic policy and efficient export-driven industries have...(July 2014)

Two-speed French real estate

The housing market is adjusting differently in the new build and pre-owned sectors. In the pre-owned sector, unit sales totalled 740,000 in...(July 2014)

France – ISEs: appraisal, impact, issues

The rise of intermediate-sized enterprises (Entreprises de Taille Intermédiaire – ISEs) is often seen to be spearheading France's...(July 2014)

PRISME - Crédit Agricole Agriculture and Agri-food economic bulletin

Although 2014 fresh tomato campaign has had the chance to start early, geopolitical factors are actually threatening it. Russian market,...(July 2014)

ECB: the EUR1trn TLTRO hope

The ECB sounds confident that the June package will work its way towards bank lending and the real economy, helping to bring inflation back...(July 2014)


Despite the hesitant start to the year, we are forecasting that the growth rate will pick up in all the large economies in 2014. While we...(June 2014)

Economic and financial forecasts

This publication presents the economists' forecasts for interest rates, exchange rates and commodity prices, along with the Crédit Agricole...(June 2014)

FOMC: Slightly higher near-term rate path expected but...

The FOMC reduced the pace of its asset purchases by $10 billion to $35 billion as expected. Beginning next month, it will buy $20 billion of...(June 2014)

The EUR400bn TLTRO question

The success of the ECB's TLTROs will be judged against banks' demand for cash, the level of interest rates on new private-sector loans and,...(June 2014)

ECB: over-delivery

Who said the ECB would disappoint? The bottom line of today's policy meeting is that it may have proved most critics wrong. It will take...(June 2014)