Search results

UK policy storm may spread fears of financial risk

Location:

UK/INT

UK policy has become the key example of policy failure. Although that mayhem stems largely from domestic vulnerabilities, the underlying problems -- policymakers’ efforts to…

Prospects for the global economy in 2024

Location:

PROSPECTS 2024

Weak trade and fiscal policy constraints suggest global GDP growth will slow somewhat in 2024, with China and the United States losing momentum. Hopes for growth-boosting rate…

Prospects for the global economy in 2021

Location:

PROSPECTS 2021

Europe and the United States may slip back into recession in the northern hemisphere winter. If vaccination succeeds, the advanced economies will recover robustly from mid-2021…

Poland’s expected new government faces range of risks

Location:

POLAND

Financial markets are betting that ending the Law and Justice (PiS) party’s eight-year rule will help unlock EU funds, strengthen Poland’s institutions and increase its…

Waning monetary policy effectiveness will fire debate

Location:

INTERNATIONAL

This closely followed the decision by the US Federal Reserve (Fed) to cut its main interest rate for the first time in more than a decade, accentuating investor concerns about the…

Egypt's economy will stand on firmer ground

Location:

EGYPT

Its actions included floating the currency, which triggered a major devaluation, and a 600-basis point increase in its benchmark interest rate to 27.75%. Meanwhile, the government…

Prospects for the global economy in 2023

Location:

PROSPECTS 2023

Prospects for the global economy in 2023.

Economic headwinds will buffet South Korea

Location:

SOUTH KOREA

Unlike during the 1997-98 Asian financial crisis, South Korea now has strong fundamentals to confront external economic and political headwinds. However, President Yoon Suk-yeol…

UK economy faces a shallow yet prolonged downturn

Location:

UNITED KINGDOM

The IMF forecast assumes UK interest rates peak at 6.0% (from 5.25% currently), and linger at 4.0-4.25% through to 2028. The IMF’s forecasts are similar to those of the Bank of…

Cost-of-living strains curb Europe’s near-term outlook

Location:

EU

Higher prices are hitting Western Europe harder than the United States or China, as the greater exposure to the Russia energy shock has been worsened by labour market and currency…