Europe Economics Update Swedish interest rates heading towards zero The recent run of dreadful news from Sweden has forced the Riksbank to rip up its previous interest rate forecasts and cut interest rates from 2.0% to 1.0%. We now expect the economic recession to... 11th February 2009 · 1 min read
Europe Economics Update Swiss bank losses point to severe recession The record loss reported by UBS yesterday provides further support for our long-held view that the Swiss economy will suffer heavily from its reliance on the financial services sector. This suggests... 11th February 2009 · 1 min read
Emerging Europe Economics Update Latvia: GDP on course to fall by 20% over next two years 11th February 2009 · 1 min read
UK Economics Focus Can pay freezes prevent further job losses? A number of companies have announced pay freezes in the past week or two. However, even if a significant proportion of the workforce foregoes a pay rise this year, we doubt that further sharp rises in... 11th February 2009 · 1 min read
Nordic & Swiss Economics Update Swiss bank losses point to severe recession The record loss reported by UBS yesterday provides further support for our long-held view that the Swiss economy will suffer heavily from its reliance on the financial services sector. This suggests... 11th February 2009 · 1 min read
Nordic & Swiss Economics Update Swedish interest rates heading towards zero The recent run of dreadful news from Sweden has forced the Riksbank to rip up its previous interest rate forecasts and cut interest rates from 2.0% to 1.0%. We now expect the economic recession to... 11th February 2009 · 1 min read
UK Economics Update Mass destruction of household wealth to hit spending Recent suggestions that a recovery in real income growth as inflation drops will prevent a major downturn in household spending would seem to overlook the damaging impact of the recent sharp falls in... 10th February 2009 · 1 min read
