China Economics Update Will monetary growth fuel inflation? China’s money supply expanded rapidly last year, but its growth is already subsiding. With spare capacity still a problem, the ongoing pick-up in inflation is unlikely to last for long. 3rd February 2010 · 1 min read
UK Economics Update Monetary Indicators Monitor (Jan.) It has now been almost a year since the Bank of England started its quantitative easing (QE) programme of asset purchases, yet both the broad money supply and bank lending are still barely rising. 1st February 2010 · 1 min read
Europe Economics Update Euro-zone Monetary Indicators Monitor (Jan.) December’s euro-zone money supply figures and January’s ECB Bank Lending Survey suggest that credit conditions in the region remain very tight, despite the ECB’s unlimited provision of liquidity to... 29th January 2010 · 1 min read
Japan Economics Update BoJ sits tight as S&P issues credit warning The Bank of Japan failed to make any new policy announcements today, disappointing some in the markets (ourselves included) who had hoped for at least a hint of further easing. However, the warning... 26th January 2010 · 1 min read
US Economics Update Democrats taking a much tougher line on bank reform 22nd January 2010 · 1 min read
Asia Economics Update Philippines stress-test on the way Philippines country credit risk will be in the spotlight over the next six months given that the 2010 borrowing requirement will probably hit record levels, and ahead of May’s presidential and... 18th January 2010 · 1 min read
China Economics Update Hot money inflows accelerate Hot inflows into China remain at a manageable level for now, but they doubled in Q4 relative to Q3 and are likely to be an increasing threat to monetary stability in the year ahead. 15th January 2010 · 1 min read
Emerging Europe Economics Update Region’s banking sector is not yet out of the woods This time last year, banking sectors across Emerging Europe were on the brink of collapse. Financial conditions have since stabilised, but how are the region’s banks likely to fair in 2010? In order... 13th January 2010 · 1 min read
Japan Economics Update Monetary Indicators Monitor (Dec.) Despite the relative inactivity of the central bank, Japan’s broad monetary aggregates are picking up. The year-on-year decline in bank lending in December is probably not as worrying as it looks... 12th January 2010 · 1 min read
UK Economics Update Monetary Indicators Monitor (Dec.) Broad money growth remains disappointingly sluggish given the large amount of money the Bank of England has pumped into the economy. And while lenders claim to be expanding the supply of credit... 4th January 2010 · 1 min read
China Economics Update What is the view on the ground in China? China’s banks are nervous about the future, its consumers still want to save, but Chinese businesses are basking in healthy sales and profits and, despite government worries, are not particularly... 18th December 2009 · 1 min read
UK Economics Update Banks only part way to repairing their balance sheets Conditions in the banking sector have been improving, but in its latest Financial Stability Report (FSR), the Bank of England echoed our view that banks still have a lot more work to do in repairing... 18th December 2009 · 1 min read
