UK Economics Update Has the housing market outlook changed? What a tumultuous few weeks! Policymakers around the world have stepped in to bail out the banking system, hopefully averting full-scale financial system meltdown, and UK interest rates have been cut... 16th October 2008 · 1 min read
UK Housing Market Update Has the housing market outlook changed? What a tumultuous few weeks! Policymakers around the world have stepped in to bail out the banking system, hopefully averting full-scale financial system meltdown, and UK interest rates have been cut... 16th October 2008 · 1 min read
UK Markets Chart Pack Muted response to bank recapitalisation (Oct 08) The historic measures announced by the UK government and policymakers around the world appear to have avoided a full-scale financial meltdown. But the response of the markets has been fairly muted... 16th October 2008 · 1 min read
Europe Economics Focus How hard will the downturn hit the labour market? One consequence of the global economic downturn will be a severe deterioration in labour market conditions. In the euro-zone, we expect unemployment to rise from 11.3 million to 14.5 million by the... 16th October 2008 · 1 min read
Global Economic Outlook Financial meltdown averted but outlook still grim (Q4 08) The financial crisis has proved to be even worse than we had feared. The bank recapitalisation plans and other measures announced in recent days should avert a complete meltdown. Nonetheless, the... 16th October 2008 · 1 min read
Asia Economics Update India's financial stability fears prompt another reserve ratio cut Today’s announcement by the Reserve Bank of India (RBI) of another cut in the cash reserve ratio suggests that the shift in focus away from inflation is towards financial stability and not growth. 15th October 2008 · 1 min read
Europe Economics Update Norges Bank cuts rates; more to come The Norges Bank’s decision to cut interest rates for the first time in more than four years was driven by the recent events in global financial markets. But with the outlook for economic activity... 15th October 2008 · 1 min read
Emerging Europe Economics Update Rate cuts won’t keep pace with ECB (Oct 08) Recent developments in the global economy and financial markets mean that growth fears will start to overtake lingering inflation concerns amongst policymakers in the region. But diminished investor... 15th October 2008 · 1 min read
UK Economic Outlook Staring into the abyss - Just how deep will the downturn be? (Q4 2008) Recently announced measures by the UK Government and other world policymakers have avoided the unthinkable scenario of a full-scale meltdown in the UK and global banking and financial systems. 15th October 2008 · 1 min read
Europe Economics Update Spanish housing market downturn gathers pace The latest Spanish house price data provide further evidence that the housing market is set for a hard landing. We expect house price falls of around one third over the next few years to push the... 15th October 2008 · 1 min read