US Economics Weekly Fed edging towards more QE It is looking increasingly likely that the Fed will announce a new round of quantitative easing, probably before the end of the year. Our guess is that it will opt for a smaller scale open-ended... 4th October 2010 · 1 min read
US Economics Weekly Deleveraging by default Households continued to reduce their debt in the second quarter, but it will still be a few years before they are in any fit shape to become the engine of growth once again. It is also worrying that... 27th September 2010 · 1 min read
US Economics Weekly Economy edges further away from another recession Fears that the US economy is heading for another recession are likely to recede further in the coming weeks, not least because GDP growth is on course to accelerate from 1.6% in the second quarter to... 20th September 2010 · 1 min read
US Economics Weekly Fiscal policy paralysed by bipartisan disagreement The Obama administration has released a flurry of proposals designed to stimulate the flagging economic recovery. However, the chances of any of these proposals being passed by Congress ahead of... 13th September 2010 · 1 min read
US Economics Weekly Residential loan losses may return to haunt banks Banks were back in the news last week, announcing the largest quarterly increase in net income since the recession began. This was mainly due to the first decline in the value of non-current loans... 6th September 2010 · 1 min read