UK Economics Update MPC’s inaction points to deeper downturn The MPC‘s inaction on interest rates today confirms that inflation concerns are still hindering the Committee’s ability to respond to the ever-gloomier news on activity. The result will be a deeper... 5th June 2008 · 1 min read
BoE Watch Near-term rate cuts off the agenda Not only does a June interest rate cut look out of the question, but the deterioration in the inflation outlook means that, unless the activity data start to look really dreadful, rates are unlikely... 29th May 2008 · 1 min read
ECB Watch Still talking tough, but next move will be down ECB President Trichet will maintain a familiarly hawkish tone at June’s press conference, perhaps adding to speculation that interest rates could yet rise further. We still expect inflation to... 29th May 2008 · 1 min read
China Economics Focus How can China boost domestic demand? Rebalancing of China’s economy away from investment and heavy industry will require significant reform of the financial sector and of monetary policy, including higher (not lower) interest rates... 28th May 2008 · 1 min read
Emerging Europe Economics Update Further rate hikes in the pipeline (May 08) 19th May 2008 · 1 min read
Europe Economics Update Weaker currency prompts action by Danish central bank The unexpected rise in the Danmarks Nationalbank lending rate highlights the Bank’s commitment to keep the Danish krone tightly pegged to the euro. 16th May 2008 · 1 min read
UK Economics Update Slower rate cuts increase recession risks The recent dreadful news on inflation and the Bank of England’s hawkish Inflation Report suggest that interest rates will not fall as quickly this year as we had previously hoped – we have raised our... 15th May 2008 · 1 min read
UK Housing Market Update Slower rate cuts increase recession risks The recent dreadful news on inflation and the Bank of England’s hawkish Inflation Report suggest that interest rates will not fall as quickly this year as we had previously hoped – we have raised our... 15th May 2008 · 1 min read
UK Commercial Property Update Slower rate cuts increase recession risks The recent dreadful news on inflation and the Bank of England’s hawkish Inflation Report suggest that interest rates will not fall as quickly this year as we had previously hoped – we have raised our... 15th May 2008 · 1 min read
UK Economics Update Slower rate cuts increase recession risks The recent dreadful news on inflation and the Bank of England’s hawkish Inflation Report suggest that interest rates will not fall as quickly this year as we had previously hoped – we have raised our... 15th May 2008 · 1 min read
Asia Economics Update Earthquake won’t prompt looser monetary policy in China Suggestions that China’s earthquake will affect economic growth, or prompt a loosening of monetary policy, are wide of the mark. In any case, with the People’s Bank more wary than ever of the dangers... 14th May 2008 · 1 min read
Europe Economics Update ECB rate cuts still some months away The European Central Bank’s decision to leave interest rates on hold clearly reflects ongoing concerns about the inflation outlook. What’s more, with no sign of any softening in the Bank’s hawkish... 8th May 2008 · 1 min read
Asia Economics Update Korean rates still headed for 4.50% Today’s decision by the Bank of Korea (BoK) to hold the official 7-day repo rate at 5.00% reflected concerns about oil price-induced inflation and the still relatively high liquidity levels in the... 8th May 2008 · 1 min read
UK Economics Update MPC's caution points to deeper downturn The MPC‘s inaction today confirms that inflation concerns are still hindering the Committee’s ability to respond to the ever-gloomier news on activity. The result will be a deeper and longer downturn... 8th May 2008 · 1 min read
UK Economics Update MPC's caution points to deeper downturn The MPC‘s inaction today confirms that inflation concerns are still hindering the Committee’s ability to respond to the ever-gloomier news on activity. The result will be a deeper and longer downturn... 8th May 2008 · 1 min read
ECB Watch Rate cuts still some months away We expect the lack of a significant softening in the ECB’s hawkish tone at May’s press conference to confirm that the Bank is unlikely to cut interest rates for some months yet. But as the economy... 1st May 2008 · 1 min read
