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Global Economics Update What chance of a new Plaza (or Shanghai) Accord? Recent financial market turmoil has prompted speculation that G20 finance ministers and central bank governors will discuss the merits of closer exchange rate coordination at their gathering in... 11th February 2016 · 1 min read
Global Economics Update Are the monetary data pointing to global downturn? While some recent survey evidence has hinted that loan growth in the US may be about to slow, money and credit data in the four major advanced economies as a whole so far provide little support for... 11th February 2016 · 1 min read
Global Economics Update Should we expect more monetary policy U-turns? Experience since 2009 shows that the current crop of central bankers do not hesitate to change course if they think that is the right thing to do. Indeed, central banks in numerous advanced economies... 9th February 2016 · 1 min read
Global Economics Update Global Financial Crisis: Part III? The recent problems in many emerging markets have revived fears that the world is only now entering a ‘third leg’ of the global financial crisis (GFC) – the first being the meltdown in the sub-prime... 8th February 2016 · 1 min read