Europe Economics Update ECB steps up the pace The ECB’s 75bp interest rate cut to 2.5% is an encouraging sign that the Bank recognises the severity of the economic downturn after earlier hints that a more modest reduction was likely. Although... 4th December 2008 · 1 min read
UK Economics Update Interest rates heading to zero? Today’s further 1% fall in UK interest rates to match their lowest ever levels underlines the seriousness of the situation facing the economy. But there is more to do and there is now a very real... 4th December 2008 · 1 min read
UK Economics Update Interest rates heading to zero? Today’s further 1% fall in UK interest rates to match their lowest ever levels underlines the seriousness of the situation facing the economy. But there is more to do and there is now a very real... 4th December 2008 · 1 min read
Europe Economics Update Swedish interest rates plunge by 1.75% The decision by the Swedish Riksbank to slash interest rates by 175 basis points highlights the degree to which the economic outlook has deteriorated. With the downturn set to worsen next year... 4th December 2008 · 1 min read
Nordic & Swiss Economics Update Swedish interest rates plunge by 1.75% The decision by the Swedish Riksbank to slash interest rates by 175 basis points highlights the degree to which the economic outlook has deteriorated. With the downturn set to worsen next year... 4th December 2008 · 1 min read
Asia Economics Update Thailand slipping into recession, rates to fall to 1% Today’s decision by the Bank of Thailand to cut official rates by a larger-than-expected 100bp to 2.75% is likely to be the first of a series of moves by the central bank to counter the possibility of... 3rd December 2008 · 1 min read
US Economics Weekly Fed expands quantitative easing with new liquidity programs 1st December 2008 · 1 min read
BoE Watch Rates to end this year equal to their all-time low Both the Inflation Report and the minutes of November’s Monetary Policy Committee (MPC) meeting suggested that another sharp interest rate cut is likely this month. Of course, they were published... 27th November 2008 · 1 min read
ECB Watch ECB to deliver 50bp, but probably no more just yet While the latest comments from the ECB suggest that it is not prepared to slash interest rates quite as aggressively as some other central banks, at least another 50bp reduction this month seems like... 27th November 2008 · 1 min read
Asia Economics Update China slashes interest rates With credit quotas lifted, China’s aggressive rate cuts today should ensure that the flow of credit to the economy is sustained. But the government’s hopes that the banking sector will finance much of... 26th November 2008 · 1 min read
China Economics Update China slashes interest rates With credit quotas lifted, China’s aggressive rate cuts today should ensure that the flow of credit to the economy is sustained. But the government’s hopes that the banking sector will finance much of... 26th November 2008 · 1 min read
UK Economics Update King highlights bank lending risks In today’s testimony to the Treasury Committee, the Monetary Policy Committee (MPC) gave little indication of whether it thinks that the fiscal stimulus announced yesterday has reduced the need for... 25th November 2008 · 1 min read
US Economics Weekly Super-sized Fed losing control as deflation threatens 23rd November 2008 · 1 min read
Asia Economics Update Bank of Japan on hold - but not for much longer As widely anticipated, the Bank of Japan left policy rates unchanged today. However, the prospect of outright declines in both economic activity and prices next year suggests that rates are heading... 21st November 2008 · 1 min read
Japan Economics Update Bank of Japan on hold – but not for much longer As widely anticipated, the Bank of Japan left policy rates unchanged today. However, the prospect of outright declines in both economic activity and prices next year suggests that rates are heading... 21st November 2008 · 1 min read
