Europe Economics Update ECB rests on its laurels The ECB is relying strongly on measures announced last month to counter the threat of deflation, but we doubt that they will be effective. A bolder programme of asset purchases is still likely to be... 3rd July 2014 · 1 min read
Europe Economics Update Swedish Riksbank takes steps to tackle deflation Sweden’s central bank today cut its main policy rate by a bigger-than-expected 50bp to 0.25% and pushed back the date at which it first expects to raise rates until the end of 2015 in order to fight... 3rd July 2014 · 1 min read
Nordic & Swiss Economics Update Swedish Riksbank takes steps to tackle deflation Sweden’s central bank today cut its main policy rate by a bigger-than-expected 50bp to 0.25% and pushed back the date at which it first expects to raise rates until the end of 2015 in order to fight... 3rd July 2014 · 1 min read
Europe Economics Update Euro-zone Fiscal Monitor (Jun.) Although progress is still slow, the latest euro-zone fiscal data provided more evidence that peripheral governments are gradually strengthening their fiscal positions. 2nd July 2014 · 1 min read
Europe Economics Update Little relief in sight for Italian households May’s rise in Italy’s unemployment rate highlights the dire economic situation of households. And with inflation now slowing sharply, the country’s public debt ratio risks rising inexorably higher. 1st July 2014 · 1 min read
Europe Economics Update Euro-zone Monetary Indicators Monitor (May) May’s small improvement in the euro-zone monetary data will not be enough to shake off concerns that the financial sector is a brake on the recovery and does little to diminish the risk that the... 30th June 2014 · 1 min read
Europe Economics Update PMIs highlight France’s stuttering recovery The French economy is probably faring a little better than June’s dreadful PMIs suggest. But more austerity and weak competitiveness mean that it will continue to weigh on the euro-zone’s recovery. 23rd June 2014 · 1 min read
Europe Economics Update Norges Bank opening its eyes to weakening economy As we expected given signs of a slowdown in the energy sector, the Norges Bank pushed back its first projected rate hike until 2016. Although the krone weakened on the news, the economic slowdown may... 19th June 2014 · 1 min read
Europe Economics Update SNB on hold for now, but further action will be needed The Swiss National Bank (SNB) today maintained its strongly supportive policy stance, pledging to enforce the ceiling on the Swiss franc with “the utmost determination”. We think that the SNB will be... 19th June 2014 · 1 min read
Nordic & Swiss Economics Update SNB on hold for now, but further action will be needed The Swiss National Bank (SNB) today maintained its strongly supportive policy stance, pledging to enforce the ceiling on the Swiss franc with “the utmost determination”. We think that the SNB will... 19th June 2014 · 1 min read
Nordic & Swiss Economics Update Norges Bank opening its eyes to weakening economy As we expected given signs of a slowdown in the energy sector, the Norges Bank pushed back its first projected rate hike until 2016. Although the krone weakened on the news, the economic slowdown may... 19th June 2014 · 1 min read
Europe Economics Update Finland struggling to re-orientate its economy Finland has gone from being one of the euro-zone’s strongest performers pre-crisis to one of the worst, following the demise of its key industries. Reforms to boost growth will take time and effort... 12th June 2014 · 1 min read
Nordic & Swiss Economics Update Finland struggling to re-orientate its economy Finland has gone from being one of the euro-zone’s strongest performers pre-crisis to one of the worst, following the demise of its key industries. Reforms to boost growth will take time and effort... 12th June 2014 · 1 min read
Europe Economics Update More austerity pain to come for euro-zone The EC’s latest batch of country reports shows that the euro-zone has already achieved substantial structural reform and fiscal consolidation. But the region faces several more years of painful reform... 11th June 2014 · 1 min read
Europe Economics Update ECB finally tackling deflation risks, but needs to do more The ECB unveiled an array of policies to boost bank lending and counter deflationary risks today. But there are uncertainties over how effective these policies will be. And while it is good news that... 5th June 2014 · 1 min read
Europe Economics Update Housing & energy still constraints on Norwegian growth Although we have nudged up our forecasts in light of recent data, Norway’s economy is still set to expand by less than the Norges Bank expects. This may prompt it to delay raising rates until 2016. 5th June 2014 · 1 min read
