Global Inflation Watch Wage deflation is the real issue (Q2 2009) The creation of new money by central banks is a sideshow compared to the disinflationary pressures still building in the real world. In particular, the risk that falling wages will trigger a... 7th July 2009 · 1 min read
UK Economic Outlook U, V or W? (Q3 2009) There is little doubt that the near-term outlook for the economy has improved. But there remains a huge amount of uncertainty about just what shape the recovery will take. 7th July 2009 · 1 min read
UK Economics Focus How will the policymakers respond to recovery? The markets have assumed that the initial and main policy response to a recovery in the UK economy will come from higher interest rates, and at a fairly early stage. But there are some good reasons... 6th July 2009 · 1 min read
Emerging Europe Economics Update Bulgaria: IMF deal imminent, but little chance of quick recovery 6th July 2009 · 1 min read
Latin America Economics Update Nearing the bottom Recent comments from policymakers suggest that, while growth concerns continue to dominate, interest rates are nearing their bottom. Accordingly, attention is starting to turn to when rates might be... 6th July 2009 · 1 min read
Europe Economics Focus Spain: How long will the pain last? Like some other deficit economies, Spain has so far weathered the global economic slump surprisingly well. But this is unlikely to last. We still expect Spains considerable economic imbalances to lead... 6th July 2009 · 1 min read
Asia Economics Update India’s budget: Going for growth, cautious on reform India’s Federal Budget announced today focused on keeping GDP growth on its improving track. The budget deficit and debt issuance target are at the high end of market expectations. 6th July 2009 · 1 min read
Europe Economics Weekly ECB’s ‘wait and see’ stance may not last for too long 6th July 2009 · 1 min read
Emerging Europe Economics Update Poland’s consumption-led growth is unlikely to last 3rd July 2009 · 1 min read
