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Monitoring Romania: The last-mile RRF push meets a weak economy

Romania enters the second half of 2026 with weak growth but clearer signs of macro rebalancing. Consumption has slowed ...
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Rates Spark: Rates are seeking new levels to settle

Markets have a pile of macro data and central bank speak to digest from last week, and with US payrolls scheduled for Friday, ...
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Webinar: What if… The Fed cuts rates by next summer?

Join us the day before a crunch US jobs report for the second episode of What if? – a new summer webinar series hosted by ...
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Turkish annual inflation eases in July, but underlying pressures pick up

In July, PPI stood at 1.5% MoM and fell to 27.8% YoY, the lowest in the last five months, while more than half of the monthly ...
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Record-low Rhine levels are another warning that supply chains must adapt

Record-low water levels on the Rhine is the latest reminder that climate change and geopolitics are reshaping global supply ...
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FX Daily: Joint yen intervention is a containment exercise

The FX week starts with traders bracing for another day of USD/JPY intervention from Japanese and US authorities. Despite a ...
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Diederik Stadig

Diederik Stadig is ING's senior healthcare economist. He joined the firm in 2023 and previously worked at de Vrije Universiteit Amsterdam. He holds a PhD in political economy from the same university.
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Washington joins the fight for the yen

Reports over the weekend suggest US and Japanese authorities have jointly intervened to support the yen. This marks the first coordinated G7 FX intervention since March 2011 following Japan's ...