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
Latin America Economics Update Stronger growth won’t bring forward rate hikes With policymakers throughout the region now signalling that rates have troughed, attention has turned to the timing of rate hikes in 2010. We have revised up our growth forecasts for next year, but... 18th September 2009 · 1 min read
Emerging Europe Economics Update Talk of rate hikes to prove premature (Sep 09) Although we have nudged up our growth forecasts for next year, we do not expect policymakers in the region to raise interest rates for some time. While Turkey and the Czech Republic are likely to be... 18th September 2009 · 1 min read
Global Markets Update Indian bond yields will rise further next year Investors are becoming increasingly convinced that the Reserve Bank of India (RBI) will be one of the first central banks in Asia to begin hiking rates. However, we still think they may be... 17th September 2009 · 1 min read
Europe Economics Update Swiss National Bank maintains strong policy support After leaving the target for three-month interest rates at just 0.25% today, the SNB struck a slightly less pessimistic tone than it had previously. But while the Bank has revised up its inflation... 17th September 2009 · 1 min read
Nordic & Swiss Economics Update Swiss National Bank maintains strong policy support After leaving the target for three-month interest rates at just 0.25% today, the SNB struck a slightly less pessimistic tone than it had previously. But while the Bank has revised up its inflation... 17th September 2009 · 1 min read
Asia Economics Update RBNZ on prolonged hold The Reserve Bank of New Zealand (RBNZ) left its policy rate unchanged at 2.5% today, as expected. The RBNZ appears to share our view that the durability of the GDP upswing, after an improvement over... 10th September 2009 · 1 min read
Asia Economics Update Korean monetary tightening should be gradual The Bank of Korea (BoK) left its policy rate unchanged today. Property price concerns and improvements in the activity data have increased the chance that the BoK will raise rates sooner rather than... 10th September 2009 · 1 min read
UK Economics Update MPC on hold until November, but probably not yet done Having only extended its quantitative easing programme last month, the Monetary Policy Committee was always likely to sit on its hands today. But with the economic outlook still highly uncertain and... 10th September 2009 · 1 min read
UK Economics Update MPC on hold until November, but probably not yet done Having only extended its quantitative easing programme last month, the Monetary Policy Committee was always likely to sit on its hands today. But with the economic outlook still highly uncertain and... 10th September 2009 · 1 min read
Europe Economics Update ECB signals policy tightening a long way off After leaving interest rates unchanged at 1.0%, the ECB once again underlined its reluctance to follow other central banks in implementing bolder unconventional measures. Nonetheless, any tightening... 3rd September 2009 · 1 min read
BoE Watch No action this month – but MPC may not be done The Monetary Policy Committee (MPC) is unlikely to alter its quantitative easing (QE) programme at this meeting, given that it was only last month that it voted to extend the policy. Nonetheless, we... 3rd September 2009 · 1 min read
Europe Economics Update Swedish interest rates on hold for some time to come The decision by the Swedish Riksbank to keep interest rates on hold at 0.25% and signal that rates may remain unchanged for around another year supports our view that markets may have got ahead of... 3rd September 2009 · 1 min read
Nordic & Swiss Economics Update Swedish interest rates on hold for some time to com The decision by the Swedish Riksbank to keep interest rates on hold at 0.25% and signal that rates may remain unchanged for around another year supports our view that markets may have got ahead of... 3rd September 2009 · 1 min read
Asia Economics Update RBA in no rush to hike The Reserve Bank of Australia (RBA) left its policy rate unchanged at 3.0% today as expected. Despite rising business and consumer confidence, both ourselves and the RBA believe that the near-term... 1st September 2009 · 1 min read
