Emerging Europe Economics Update Czech Bank could cut rates once more this year Although the Czech National Bank (CNB) left interest rates on hold today, we think the weakness of the economy could prompt one further 25bp rate cut before the end of this year. 2nd August 2012 · 1 min read
UK Economics Update More QE and rate cut likely later this year It is only a month since the Monetary Policy Committee (MPC) resumed its quantitative easing (QE) programme, so no action was likely at today’s meeting. Nonetheless, we expect both an interest rate... 2nd August 2012 · 1 min read
US Economics Update Here's what the Fed should do next... The more we think about this from the perspective of what the Fed is ultimately trying to achieve, the more we're convinced that the best option would be a cut in the interest rate payable on excess... 2nd August 2012 · 1 min read
US Housing Market Update Fed stands pat, but offers hint of further action soon Despite acknowledging the evident slowdown in US economic growth, the Fed declined to take any additional action at the conclusion of the two-day FOMC meeting today. It did, however, offer a hint that... 1st August 2012 · 1 min read
US Economics Update Fed stands pat, but offers hint of further action soon Despite acknowledging the evident slowdown in US economic growth, the Fed declined to take any additional action at the conclusion of the two-day FOMC meeting today. It did, however, offer a hint that... 1st August 2012 · 1 min read
UK Economics Chart Pack Double-dip deepens The third consecutive quarterly contraction in Q2 left the UK economy lagging even further behind its main competitors. 1st August 2012 · 1 min read
Asia Chart Pack Asia's central banks back in rate-cutting mode Central banks in the Philippines, Korea and Vietnam have cut their policy rates over the past month in response to the deterioration in global demand. Q2 GDP data out so far in Asia have been soft... 31st July 2012 · 1 min read
Asia Economics Update Taiwan’s poor export outlook to prompt policy stimulus Taiwan’s export-oriented economy is struggling amid the global slowdown. We expect the global backdrop to remain difficult, while local inflation should stay among the lowest in Asia. Accordingly, we... 31st July 2012 · 1 min read
Emerging Europe Economics Update Polish interest rates to be cut below 4% With the Polish economy slowing and inflation set to fall, we have revised our interest rate forecast and have now pencilled in 100bps of rate cuts (to 3.75%). This would suggest that the recent rally... 31st July 2012 · 1 min read
Emerging Europe Economics Update Polish interest rates to be cut below 4% With the Polish economy slowing and inflation set to fall, we have revised our interest rate forecast and have now pencilled in 100bps of rate cuts (to 3.75%). This would suggest that the recent rally... 31st July 2012 · 1 min read
UK Economics Update Monetary Indicators Monitor (Jul. 12) Broad money and lending growth plumbed new lows in June, supporting our subdued forecasts for both inflation and economic growth. 31st July 2012 · 1 min read
Asia Economics Update Reserve Bank of India takes hawkish tone While today’s decision to leave interest rates unchanged was expected, the accompanying statement is a bit more newsworthy. It makes gloomy reading. The central bank cut its growth forecast, increased... 31st July 2012 · 1 min read
Latin America Economics Update Colombia cuts, rates likely to fall further The decision on Friday night by the Colombian Central Bank (BANREP) to cut interest rates followed deterioration in the performance of the economy. The Bank’s dovish comments suggest that rates could... 30th July 2012 · 1 min read
BoE Watch Inflation Report to leave door open to more stimulus Having extended its asset purchases at July’s meeting, the Monetary Policy Committee (MPC) is unlikely to make any changes to its quantitative easing QE) programme this week. We expect more QE and a... 30th July 2012 · 1 min read
Canada Economics Weekly Are consumers retreating? Our measure of Canada's 'effective' crude oil price, a blend of three key benchmarks, has rebounded by a sharp 25% over the past few weeks, to US$88 p/b from US$70 p/b. But this rally in crude oil... 27th July 2012 · 1 min read
Asia Economics Weekly No need to worry over spike in agricultural prices The prices of many agricultural commodities have risen strongly over the past couple of months, raising fears of a sharp rise in inflation across the region. However, we believe the recent spike in... 27th July 2012 · 1 min read
