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16/9/2025 Research EN
Federal Reserve runs risk of loosening before inflation is contained
The Fed’s expected 25bp rate cut on Wednesday appears premature given the latest increase in headline inflation to 2.9%, an economy still expanding at around 2%, the uncertain effects of higher tariffs and only modest signs of labour market softening.

15/9/2025 Research EN
JD.com-backed Ceconomy to intensify competition in Europe’s consumer-electronics sector
The planned acquisition of Ceconomy AG by Chinese retailer JD.com could mark an important shift in European consumer-electronics retailing by creating a more formidable, deep-pocketed player in an already highly competitive sector.

12/9/2025 Research EN
Scope updates its Sub-Sovereign Rating Methodology
Scope has updated its sub-sovereign methodology by integrating ESG factors into the core analytical framework and enhancing the institutional and individual credit profile assessments. No rating changes are expected as a result of this update.

11/9/2025 Research EN
Cyprus: robust fiscal performance and sustained declines in NPLs strengthen country’s resilience
Cyprus’s public debt is set to fall below 60% of GDP this year driven by robust growth and prudent fiscal policy while bad debts on bank balance sheets continue to decline, offsetting risks from a challenging geopolitical and external environment.

12/8/2025 Research EN
Five reasons why Trump’s trade war is likely to escalate
Buoyant markets, a resilient US economy, rising customs revenues, appeasement by trading partners and conducive politics point to further escalation in US trade tensions, already set to cut global output by an estimated 0.7pps in the medium term.

7/8/2025 Research EN
Austria: persistent fiscal pressures coupled with weak growth challenge resilience to future crises
The Austrian government's planned fiscal consolidation is unlikely to stabilise general government debt-to-GDP over the next five years without further measures to help offset rising structural spending pressures amid the weak outlook for economic growth.

5/8/2025 Research EN
Ireland's export-led economy looks robust enough to withstand higher US trade tariffs for now
Higher US tariffs on imports from the EU represent an external headwind for Ireland’s export and corporate-tax dependent economy but the 15% tariff increase looks manageable without materially challenging the strong public finance outlook.

30/7/2025 Research EN
Scope proposes an update to its Sub-Sovereigns Rating Methodology and invites comments
Scope Ratings calls for comments on its Sub-Sovereigns Rating Methodology by 1 September 2025. The proposed update refines Scope’s analytical approach. No rating changes are expected as a result of this update.

30/7/2025 Research EN
Portugal’s favourable debt dynamics set to continue despite modest fiscal loosening
The Portuguese government’s payment of a pension bonus this year and multiyear corporate tax cuts will not reverse the declining public debt trajectory, but diminished fiscal leeway leaves less room for manoeuvre in case of future shocks.