Global Inflation Watch Fears of inflationary bubbles are overblown (Q4 2009) Worries about asset price bubbles, and the inflationary threat they might pose, are at best premature and at worst plain wrong. When thinking about the outlook for inflation we would continue to give... 24th December 2009 · 1 min read
Japan Economics Update Bank of Japan raises inflation sights, barely Despite the interest and speculation today’s announcement has generated, the Bank of Japan’s change to its language on price stability is trivial and will have no implications for monetary policy. 18th December 2009 · 1 min read
US Economics Focus The macroeconomic implications of the lower dollar 10th November 2009 · 1 min read
Global Markets Update Bond yields to drop back in 2010 as inflation fears fade The recent rise in longer-term government bond yields primarily reflects expectations of higher inflation. These expectations are still relatively low and could climb a little further in the coming... 10th November 2009 · 1 min read
Europe Economics Focus Who is most at risk from deflation? Along with other regions, the euro-zone remains at risk from a prolonged and damaging bout of deflation. But the threat posed by deflation varies considerably between different countries. Spain and... 28th October 2009 · 1 min read
Global Economics Focus Is there still a serious deflationary threat? With the recovery in the global economy gaining momentum and conditions in many financial markets getting back to normal, the threat of deflation would seem to have receded. We agree that a full-blown... 20th October 2009 · 1 min read
UK Economics Focus Spare capacity could yet turn inflation negative Inflation is likely to pick up again in the next few months but, further ahead, the huge amount of spare capacity that is building up in the economy will bear down heavily on core price pressures... 13th October 2009 · 1 min read
Asia Economics Update Deflation threat to keep Taiwan rates on prolonged hold With deflation still a lingering threat, interest rates will probably remain at their current low level in Taiwan until well after they start to climb elsewhere in the region. 24th September 2009 · 1 min read
Nordic & Swiss Economics Update Norges Bank becoming more hawkish With Norway now on the path to recovery, the Norges Bank has begun to prepare the ground for future interest rate hikes. But while the Bank will probably tighten later this year, we do not expect... 23rd September 2009 · 1 min read
