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
ECB Watch Treating signs of recovery with caution The ECB will leave interest rates on hold at 1.0% at its September policy meeting and is very unlikely to announce any new unconventional policy measures. The Bank is likely to treat recent signs of... 28th August 2009 · 1 min read
US Economics Focus Fall in potential growth unlikely to force Fed's hand 24th August 2009 · 1 min read
Emerging Europe Economics Update Easing-cycles still have further to run (Aug 09) Hungary and Romania are both likely to continue to capitalise on the current favourable conditions in financial markets by cutting interest rates again in their forthcoming meetings. Elsewhere... 19th August 2009 · 1 min read
Europe Economics Update SNB determined to head off deflation threat The latest comments from the Swiss National Bank (SNB) confirm that it will maintain its strong policy stimulus for the foreseeable future, helping to reduce the significant risk of a sustained period... 19th August 2009 · 1 min read
Latin America Economics Update Markets too quick to price in rate hikes Following the last round of interest rate decisions, policymakers throughout Latin America signalled a pause in the easing cycle. We would not rule out further rate cuts later this year as the pace of... 19th August 2009 · 1 min read
Nordic & Swiss Economics Update SNB determined to head off deflation threat The latest comments from the Swiss National Bank (SNB) confirm that it will maintain its strong policy stimulus for the foreseeable future, helping to reduce the significant risk of a sustained period... 19th August 2009 · 1 min read
UK Economics Update QE is working – but not well enough for a strong recovery Yesterday’s Bank of England Inflation Report highlighted a number of reasons why quantitative easing (QE) is having more success than might first appear. However, the big picture is that it is not... 13th August 2009 · 1 min read
Asia Economics Update Korean policy rates set to stay low The Bank of Korea left its policy rate unchanged today. Economic recovery and concerns over incipient asset bubbles in the housing and equity markets have led some to expect policy rates to rise later... 11th August 2009 · 1 min read
UK Economics Update How fast does broad money need to grow? The Monetary Policy Committee (MPC) has recently put great store in the broad money figures as a measure of the effectiveness of its quantitative easing (QE) policy. Its preferred measure of money is... 10th August 2009 · 1 min read
Europe Economics Update ECB holds its line After leaving interest rates unchanged at 1.0% at it August meeting, President Trichet suggested that the ECB is unlikely to adopt new measures to stimulate the economy in the immediate future. We... 6th August 2009 · 1 min read
UK Economics Update Extra £50bn shows MPC prepared to do all that it takes The fact that the Monetary Policy Committee (MPC) extended its policy of asset purchases by another £50bn at today’s meeting no doubt reflected the limited impact of quantitative easing (QE) so far... 6th August 2009 · 1 min read
