Belgian growth remains relatively stable and rising purchasing power is boosting household consumption, but there is still a lot of uncertainty about the international environment.
Historically, recessions have always been preceded by yield curve inversions. Is the recent flattening of the US yield curve a cause for concern?
Belgian household consumption increased only moderately in recent years, mainly due to a smaller decline in purchases of durable consumer goods during the crisis years and to the fact that wage moderation weighed on labour incomes afterwards
The forms of employment are becoming more diversified in order to meet the transformations of the economy and the society.
Working Paper N° 371
Working Paper N° 370
Further consolidation efforts necessary to keep public finances on a sustainable path