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Global Economics Update 5 year prospects: Q2 2019 Global economic growth will slow to its weakest pace since the financial crisis over the next eighteen months. Previous policy tightening has yet to take its full toll on activity in the United States... 18th June 2019 · 1 min read
Global Economics Update Rising wage growth won’t prevent policy loosening Wage growth has strengthened in several advanced economies despite the global economic slowdown. But, outside the UK, we do not expect this to prevent monetary policy loosening. Strong productivity... 18th June 2019 · 1 min read
Global Economics Update What do oil price moves mean for core inflation? Oil prices have fallen close to our end-year forecast and should drag on inflation during the rest of 2019. Admittedly, the risks to our oil price forecast are skewed to the upside. But even a surge... 14th June 2019 · 1 min read
Global Economics Update Implications for oil of an escalation in the trade war We have now incorporated an escalation in the US-China trade war into our global economic forecasts. As it happens, we think that the negative impact on global GDP growth will be relatively contained... 10th June 2019 · 1 min read