Monthly Archives: August 2014

Economic Insights – An unfinished agenda

In his Stockholm speech, Mr Stanley Fischer, Vice Chairman of the US Federal Reserve, expressed his views on topics other than the slow rate of recovery from the 2007-09 financial crisis, on which we commented in yesterday’s briefing.  He devoted a substantial section of his presentation to reviewing the progress made so far in strengthening… Read more »

In his Stockholm speech, Mr Stanley Fischer, Vice Chairman of the US Federal Reserve, expressed his views on topics other than the slow rate of recovery from the 2007-09 financial crisis, on which we commented in yesterday’s briefing.  He devoted a substantial section of his presentation to reviewing the progress made so far in strengthening… Read more »

Economic Insights – Euro Not Out Of The Woods

Italy’s provisional GDP data for 2014Q2 provide a timely reminder that the euro zone economy is still deep in the mire.  ECB policymakers, who are to meet tomorrow, will very likely be content to give their June measures a chance to take effect.  But the starting-point for the hoped-for economic upswing looks like being lower… Read more »

Italy’s provisional GDP data for 2014Q2 provide a timely reminder that the euro zone economy is still deep in the mire.  ECB policymakers, who are to meet tomorrow, will very likely be content to give their June measures a chance to take effect.  But the starting-point for the hoped-for economic upswing looks like being lower… Read more »

Economic Insights: Global Fragmentation

Financial markets may not have fully appreciated to what degree the international consensus underpinning the global economy is now imperilled.  It is hard to say for sure since market sensitivity to news, any kind of news, has been suppressed, largely as a result of central bank action.  Even so, the signs of friction between global… Read more »

Financial markets may not have fully appreciated to what degree the international consensus underpinning the global economy is now imperilled.  It is hard to say for sure since market sensitivity to news, any kind of news, has been suppressed, largely as a result of central bank action.  Even so, the signs of friction between global… Read more »