UK Data Response MPC minutes (Jan.) & Labour market (Nov./Dec.) The minutes of January’s Monetary Policy Committee (MPC) meeting suggested that the Committee is unlikely to change policy either way next month. Meanwhile, the mixed labour market data highlighted... 20th January 2010 · 1 min read
UK Economics Update Pay freezes likely to remain commonplace With roughly as many settlements taking place in January as in the entire second half of the year, the start-of-year pay round will give us a steer as to whether or not pay growth is stabilising along... 14th January 2010 · 1 min read
UK Economics Update Pay freezes likely to remain commonplace With roughly as many settlements taking place in January as in the entire second half of the year, the start-of-year pay round will give us a steer as to whether or not pay growth is stabilising along... 14th January 2010 · 1 min read
Europe Data Response German Industrial Production & EZ Unemployment (Nov.) November’s renewed increase in German industrial production is a welcome sign that the recovery there is back on track. But with unemployment still rising in the euro-zone as a whole, it could be some... 8th January 2010 · 1 min read
Europe Data Response Euro-zone Flash CPI & German Unemployment (Dec.) December’s rise in euro-zone inflation reflects temporary energy effects. With economic activity still at very low levels, deflation remains a bigger risk for the region than high inflation in the... 5th January 2010 · 1 min read
US Economics Focus What will be the implications of another jobless recovery? 19th November 2009 · 1 min read
UK Economics Focus UK faces a decade of high unemployment The recent improvement in the unemployment figures has quietened concerns about the labour market. But we think that much of the labour market adjustment is yet to come. We continue to expect... 12th November 2009 · 1 min read
Japan Economics Update Falling unemployment eases pressure on Bank of Japan The Bank of Japan has announced a timetable for the withdrawal of some emergency facilities that have become increasingly redundant. But the Bank’s own forecasts of persistent deflation confirm that... 30th October 2009 · 1 min read
Asia Economics Update Falling unemployment eases pressure on Bank of Japan The Bank of Japan has announced a timetable for the withdrawal of some emergency facilities that have become increasingly redundant. But the Bank’s own forecasts of persistent deflation confirm that... 30th October 2009 · 1 min read
UK Economics Focus The VAT threat to consumer spending The looming reversal of the temporary VAT cut should boost household spending at the end of this year, as consumers bring forward their spending. But this will just come at the expense of spending... 28th October 2009 · 1 min read
UK Economics Update Fear of another Winter of Discontent overdone Fears are growing that the UK is heading for a repeat of the damaging industrial action that characterised the so-called “Winter of Discontent” in 1978/9. However, we doubt that the damage to the... 26th October 2009 · 1 min read
UK Economics Update Fear of another Winter of Discontent overdone Fears are growing that the UK is heading for a repeat of the damaging industrial action that characterised the so-called “Winter of Discontent” in 1978/9. However, we doubt that the damage to the... 26th October 2009 · 1 min read
Latin America Economics Update Policymakers in ‘wait and see’ mode With the economic recovery in Latin America now underway, the majority of Central Banks in the region are in ‘wait and see’ mode as the effects of huge rate cuts earlier this year pass through the... 14th October 2009 · 1 min read
