Europe Economics Update Sedlabanki cuts rates but may tighten next year Iceland’s central bank unexpectedly cut its main interest rate to 5.75% today, the first change in two years, as it lowered its inflation and growth forecasts. But we think it may have to reverse... 5th November 2014 · 1 min read
Europe Economic Outlook Stalled recovery adds to pressure on policymakers The European economic recovery has weakened, with the euro-zone now at risk of recession and countries outside the region feeling the effects on their exports. While the euro-zone’s peripheral... 13th October 2014 · 1 min read
Europe Data Response Iceland GDP (Q2) Iceland’s economy contracted in Q2 for the third consecutive quarter, raising questions over the sustainability of the economic recovery. But there are still reasons to believe that its economy will... 19th September 2014 · 1 min read
Nordic & Swiss Data Response Iceland GDP (Q2 14) Iceland’s economy contracted in Q2 for the third consecutive quarter, raising questions over the sustainability of the economic recovery. But there are still reasons to believe that its economy will... 19th September 2014 · 1 min read
Europe Economics Update Sedlabanki hints that rate hikes will soon be needed Iceland’s central bank kept its main interest rate unchanged at 6% at its meeting today but hintedstrongly that rates will need to rise soon. We continue to think that the Sedlabanki will raise... 20th August 2014 · 1 min read
Nordic & Swiss Economics Update Sedlabanki hints that rate hikes will soon be needed Iceland’s central bank kept its main interest rate unchanged at 6% at its meeting today but hinted strongly that rates will need to rise soon. We continue to think that the Sedlabanki will raise the... 20th August 2014 · 1 min read
Europe Economic Outlook As good as it gets? While the European economic recovery probably picked up a bit of speed in the second quarter of the year, there are growing signs that Q2 was as good as it is likely to get. Activity indicators in the... 8th July 2014 · 1 min read
Europe Data Response Iceland GDP (Q1) The small fall in Icelandic GDP in the first quarter of 2014 was somewhat disappointing but we do not think that this marks the start of a renewed deterioration in the economy. 6th June 2014 · 1 min read
Nordic & Swiss Data Response Iceland GDP (Q1 14) The small fall in Icelandic GDP in the first quarter of 2014 was somewhat disappointing but we do not think that this marks the start of a renewed deterioration in the economy. 6th June 2014 · 1 min read
Europe Economics Update Sedlabanki on hold, but rates to rise later this year Iceland’s central bank kept interest rates unchanged at 6% at its meeting today, despite raising its medium-term forecasts for GDP growth. We continue to think that the Sedlabanki will have to raise... 21st May 2014 · 1 min read
Nordic & Swiss Economics Update Sedlabanki on hold, but rates to rise later this year Iceland’s central bank kept interest rates unchanged at 6% at its meeting today, despite raising its medium-term forecasts for GDP growth. We continue to think that the Sedlabanki will have to raise... 21st May 2014 · 1 min read
Europe Economics Weekly German engine can’t power euro-zone recovery While the German economy expanded by an impressive 0.8% in Q1, this failed to spur growth elsewhere in the euro-zone and the region's GDP rose by just 0.2%. Possible explanations for this are the fact... 19th May 2014 · 1 min read
Europe Economics Weekly Negative rates are no silver bullet on their own A negative interest rate on banks' excess reserves at the ECB might have some effect on banks' behaviour and at least prove that the ECB is prepared to follow its dovish words with action. But it must... 21st April 2014 · 1 min read
Europe Economic Outlook Deflation dangers persist The recovery in the European economy appears to have picked up a bit of speed in the early months of 2014. The euro-zone now looks set to expand by 1% or more this year, a significant improvement on... 10th April 2014 · 1 min read
Europe Economics Update Sedlabanki softens its stance but rates are still likely to rise In light of the recent drop in inflation, Iceland’s central bank kept interest rates unchanged today and suggested that rate hikes were less probable than they had been in February. However, with... 19th March 2014 · 1 min read
Nordic & Swiss Economics Update Sedlabanki softens its stance but rates are still likely to rise In light of the recent drop in inflation, Iceland’s central bank kept interest rates unchanged today and suggested that rate hikes were less probable than they had been in February. However, with... 19th March 2014 · 1 min read
