UK Data Response Bank of England Inflation Report (Aug.) The Bank of England’s latest Inflation Report contained substantial downward revisions to the growth and inflation forecasts, supporting our view that more policy stimulus is likely once the current... 8th August 2012 · 1 min read
Asia Economics Update Australia pauses, but one more rate cut is on the way The Reserve Bank of Australia (RBA) held its policy rate at 3.5% today. It probably won't be long until the RBA cuts again, but it is nearing the end of its loosening cycle. 7th August 2012 · 1 min read
US Economics Weekly Fed will do more, but QE3 is not the best option We now think that the Fed will provide more policy stimulus when the FOMC next meets in September. The most likely scenario is a third round of asset purchases (QE3), this time focusing on mortgage... 3rd August 2012 · 1 min read
Canada Economics Weekly Economic growth continues to ease The anaemic rate of Canadian economic growth is becoming a major concern, particularly when the chances are that growth will only slow further in the second half of this year. Before the end of this... 3rd August 2012 · 1 min read
Japan Economics Weekly Trouble in Japan's labour market The recent fall in Japan’s unemployment rate looks less encouraging when we consider that the level of employment has been little changed for three years. Much of the decline in unemployment is due to... 3rd August 2012 · 1 min read
Asia Economics Weekly No quick fix to India and Pakistan’s power problems India attracted international headlines for all the wrong reasons (again) following massive power cuts that left half of its population without electricity for two days. Power cuts are alsoa big issue... 3rd August 2012 · 1 min read
Europe Economics Update ECB fails to do “whatever it takes” President Draghi’s comments at today’s ECB press conference were a blow to hopes that the Bank might quickly make huge bond purchases to address the euro-zone’s escalating debt crisis. While the Bank... 2nd August 2012 · 1 min read
Bank of Japan Watch Pressure to stem yen strength increasing The main concern for the Bank of Japan’s Policy Board at its August meeting, concluding next Thursday (9th), is likely to remain the situation in Europe. The slowdown overseas threatens to further... 2nd August 2012 · 1 min read
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
