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
Global Economics Update How low can interest rates go? There may be some practical reasons why the floor for official interest rates should be set slightly higher than zero - perhaps 0.25% or 0.5%. But the long period of zero interest rates in Japan... 20th November 2008 · 1 min read
Emerging Europe Economics Update Falling currencies to prevent dramatic rate cuts (Nov 08) As the global slump intensifies, lingering inflation concerns have given way to fears of an imminent recession in Emerging Europe. But large external deficits have caused currencies in the region to... 18th November 2008 · 1 min read
UK Economics Update Fiscal boost and lower pound won't do the MPC's job The prospect of a fiscal boost in the forthcoming Pre-Budget Report and the recent sharp fall in the sterling exchange rate are both positive developments for the UK economy. But they will not prevent... 17th November 2008 · 1 min read
Europe Economics Update ECB lagging, but rates have much further to fall Following today’s decision to cut interest rates by 50bp to 3.25%, President Trichet’s comments confirmed that the ECB is not about to slash rates as aggressively as the Bank of England. Nonetheless... 6th November 2008 · 1 min read
UK Economics Update Fireworks from the MPC, and much more to come A day late maybe, but the Monetary Policy Committee certainly delivered some spectacular fireworks today in the form of the 150bp cut in interest rates, the biggest move since 1992. But rates still... 6th November 2008 · 1 min read
UK Housing Market Update Fireworks from the MPC, and much more to come A day late maybe, but the Monetary Policy Committee certainly delivered some spectacular fireworks today in the form of the 150bp cut in interest rates, the biggest move since 1992. But rates still... 6th November 2008 · 1 min read
UK Economics Update Fireworks from the MPC, and much more to come A day late maybe, but the Monetary Policy Committee certainly delivered some spectacular fireworks today in the form of the 150bp cut in interest rates, the biggest move since 1992. But rates still... 6th November 2008 · 1 min read
