UK Economics Update Is it the stocks or flows of QE that matter? The MPC’s decision to pause its quantitative easing (QE) programme has intensified the debate about whether it is the stocks or flows of asset purchases that matter most for the economy. The answer is... 8th February 2010 · 1 min read
UK Economics Update Just how damaging would a hung parliament be? There are worries that a hung parliament could lead to higher interest rates and a lower credit rating – a nasty scenario for sterling assets. But with monetary policy set to remain extremely loose... 4th February 2010 · 1 min read
UK Economics Update Just how damaging would a hung parliament be? There are worries that a hung parliament could lead to higher interest rates and a lower credit rating – a nasty scenario for sterling assets. But with monetary policy set to remain extremely loose... 4th February 2010 · 1 min read
UK Economics Update MPC halts QE for now, but may have more work to do The Monetary Policy Committee’s decision not to extend its quantitative easing programme further this month does not necessarily mark the end of its extraordinary efforts to support the economy. And... 4th February 2010 · 1 min read
UK Economics Update MPC halts QE for now, but may have more work to do The Monetary Policy Committee’s decision not to extend its quantitative easing programme further this month does not necessarily mark the end of its extraordinary efforts to support the economy. And... 4th February 2010 · 1 min read
UK Economics Update How much has the car scrappage scheme boosted growth? We estimate that the car scrappage scheme has boosted UK GDP by just 0.1% or so per quarter. Nonetheless, the end of the scheme could still dent growth if consumers brought forward spending to take... 4th February 2010 · 1 min read
UK Economics Update How much has the car scrappage scheme boosted growth? We estimate that the car scrappage scheme has boosted UK GDP by just 0.1% or so per quarter. Nonetheless, the end of the scheme could still dent growth if consumers brought forward spending to take... 4th February 2010 · 1 min read
UK Economics Update Monetary Indicators Monitor (Jan.) It has now been almost a year since the Bank of England started its quantitative easing (QE) programme of asset purchases, yet both the broad money supply and bank lending are still barely rising. 1st February 2010 · 1 min read
UK Economics Update Will a “double-dip” sink Mr Brown? Q4’s disappointing GDP figures have raised fresh questions over the possibility of a “double-dip” in the economy and the implications for the timing and outcome of the forthcoming general election. 28th January 2010 · 1 min read
UK Economics Update Will a “double-dip” sink Mr Brown? Q4’s disappointing GDP figures have raised fresh questions over the possibility of a “double-dip” in the economy and the implications for the timing and outcome of the forthcoming general election. 28th January 2010 · 1 min read
UK Economics Update Monetary policy after the election While analysis of the influence of the general election on economic policy has focused on the size and timing of the fiscal tightening, the conduct of monetary policy could also be affected. But... 20th January 2010 · 1 min read
UK Economics Update Pay freezes likely to remain commonplace With roughly as many settlements taking place in January as in the entire second half of the year, the start-of-year pay round will give us a steer as to whether or not pay growth is stabilising along... 14th January 2010 · 1 min read
UK Economics Update Pay freezes likely to remain commonplace With roughly as many settlements taking place in January as in the entire second half of the year, the start-of-year pay round will give us a steer as to whether or not pay growth is stabilising along... 14th January 2010 · 1 min read
UK Economics Update When should Mr Brown go to the polls? Uncertainties over the likely path of the economic recovery suggest that the timing of the general election might have an important influence on its outcome. Should Mr Brown hang on to the last in the... 11th January 2010 · 1 min read
UK Economics Update When should Mr Brown go to the polls? Uncertainties over the likely path of the economic recovery suggest that the timing of the general election might have an important influence on its outcome. Should Mr Brown hang on to the last in the... 11th January 2010 · 1 min read
UK Economics Update Consumer adjustment not over yet The sharp rise in household saving suggests that the required adjustment in the consumer sector is further advanced than previously thought. However, we think that the process still has further to go. 7th January 2010 · 1 min read
