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
Emerging Europe Economics Focus Will recession in Eastern Europe bring down banks in the West Swedish and Austrian banks look most exposed to the impending recession in parts of Emerging Europe. But lending to the region still accounts for a relatively small share of total bank assets in both... 13th November 2008 · 1 min read
US Economics Focus Further capital losses to restrict US bank lending 11th November 2008 · 1 min read
UK Economics Update Mortgage interest rates heading to 3% Today’s interest rate cut, from 4.5% to 3%, marks only the early stages of a phase of aggressive monetary easing which will ultimately take base rates to an all-time low of 1%. Mortgage interest rates... 6th November 2008 · 1 min read
UK Economics Update Mortgage interest rates heading to 3% Today’s interest rate cut, from 4.5% to 3%, marks only the early stages of a phase of aggressive monetary easing which will ultimately take base rates to an all-time low of 1%. Mortgage interest rates... 6th November 2008 · 1 min read
Asia Economics Focus Is trouble lurking within Japan’s financial system? The Japanese financial system remains in relatively good shape. Despite the erosion of bank capital due to sliding stock markets, a number of factors suggest that there are no major risks to the... 6th November 2008 · 1 min read
Japan Economics Focus Is trouble lurking within Japan’s financial system? The Japanese financial system remains in relatively good shape. Despite the erosion of bank capital due to sliding stock markets, a number of factors suggest that there are no major risks to the... 6th November 2008 · 1 min read
UK Economics Update How much will payment protection insurance cost insurers? Despite the write-downs already made, the financial sector has yet to face billions of pounds of further losses associated with the downturn in the economy. Our forecast that unemployment will... 4th November 2008 · 1 min read
Asia Economics Update China abandons credit quotas to support growth The quiet lifting of credit quotas, confirmed in Chinese media over the weekend, is arguably the most significant step taken so far by the authorities as they attempt to limit China’s economic... 4th November 2008 · 1 min read
China Economics Update China abandons credit quotas to support growth The quiet lifting of credit quotas, confirmed in Chinese media over the weekend, is arguably the most significant step taken so far by the authorities as they attempt to limit China’s economic... 4th November 2008 · 1 min read
UK Economics Update Financial Stability Report highlights threat to bank lending The Bank of England’s latest Financial Stability Report (FSR) supports our view that the Government’s recapitalisation of the banking system is unlikely to head off a sharp slowdown in bank lending... 28th October 2008 · 1 min read
Asia Economics Update Korean bailout positive but won't prevent slowdown The announcement of a massive $130bn (13% of GDP) liquidity support package by the Korean authorities over the weekend should calm the markets and boost the currency in the short run, but it won’t... 20th October 2008 · 1 min read
US Economics Weekly Treasury will need to spend even more to prop up banks 20th October 2008 · 1 min read
