Asia Economics Update Bank of Japan has a lot more work to do The Bank of Japan’s modest programme of asset purchases is unlikely to be the last word, especially given the deterioration in economic and financial conditions acknowledged today in its own forecasts... 22nd January 2009 · 1 min read
Europe Economics Update Euro-zone lagging behind on support for banks After the UK Government’s latest announcement of additional measures to support banks, policy in the euro-zone is lagging behind again. We hope that extra support will be announced in time, but the... 22nd January 2009 · 1 min read
UK Economics Update Rate cuts still positive for consumer spending The steep cuts in the rates banks pay on households’ savings have led some to conclude that further interest rate cuts are not just of little use, but are actually counterproductive. Interest rate... 22nd January 2009 · 1 min read
UK Economics Update Rate cuts still positive for consumer spending The steep cuts in the rates banks pay on households’ savings have led some to conclude that further interest rate cuts are not just of little use, but are actually counterproductive. Interest rate... 22nd January 2009 · 1 min read
Emerging Europe Economics Update Interest rates heading for record lows in Central Europe 22nd January 2009 · 1 min read
Asia Economics Update Worse still to come in China Some glimmers of light in the monthly data from China are raising hopes that the world’s third largest economy may be through the worst after quarterly growth slumped in Q4. But we fear that incoming... 22nd January 2009 · 1 min read
China Economics Update Worse still to come in China Some glimmers of light in the monthly data from China are raising hopes that the world’s third largest economy may be through the worst after quarterly growth slumped in Q4. But we fear that incoming... 22nd January 2009 · 1 min read
Japan Economics Update Bank of Japan has a lot more work to do The Bank of Japan’s modest programme of asset purchases is unlikely to be the last word, especially given the deterioration in economic and financial conditions acknowledged today in its own forecasts... 22nd January 2009 · 1 min read
Europe Economic Outlook Industrial slump deepens downturn (Q1 09) The outlook for the European economy has worsened dramatically as the export-dependent industrial sector has slumped in the face of collapsing global demand. Although falling inflation should boost... 21st January 2009 · 1 min read
Global Markets Update Too soon to worry about a bond “bubble” We do not believe there is a bubble in government bond markets. Yields are low and bond prices high, but these levels can readily be justified by the outlook for the usual fundamentals that determine... 21st January 2009 · 1 min read
