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Government measures to boost the economy, including tax cuts in November, are having little effect. There is little scope for further stimulus in the March budget. Political…
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DOI: 10.1108/OXAN-DB285405
ISSN: 2633-304X
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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…
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DOI: 10.1108/OXAN-DB245571
ISSN: 2633-304X
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In its biannual ten-year projections released on April 9, the Congressional Budget Office (CBO) foresaw the budget deficit averaging 4.9% of GDP from 2019 to 2028, an increase…
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DOI: 10.1108/OXAN-DB232052
ISSN: 2633-304X
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Among the key short-term measures to tackle inflation is the energy price guarantee (EPG), which will limit the average household energy bill to GPB2,500 (USD2,700) for the next…
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DOI: 10.1108/OXAN-DB272975
ISSN: 2633-304X
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UK economic outlook.
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DOI: 10.1108/OXAN-DB245741
ISSN: 2633-304X
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This fiscal path is broadly consistent with the previous government’s, but the surpluses are planned to be smaller and net government debt is expected to drop below 20% of GDP two…
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DOI: 10.1108/OXAN-DB227632
ISSN: 2633-304X
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The unexpected decision adds significant momentum to Central Europe’s monetary easing campaign, which began in May when Hungary’s National Bank (MNB) reduced its benchmark rate…
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DOI: 10.1108/OXAN-DB282310
ISSN: 2633-304X
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Iran halted gas exports to Turkey on January 20, requiring restrictions on usage. Flows resumed in February but as Turkish demand is historically high and likely to remain so…
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DOI: 10.1108/OXAN-DB267460
ISSN: 2633-304X
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Slow cuts to global steel overcapacity.
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DOI: 10.1108/OXAN-DB209725
ISSN: 2633-304X
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The decision reflects doubts over Finance Minister Bruno Le Maire's four-year plan to “chill” state spending and reduce France's accumulated debt from 111.6% of GDP to 108.3% by…