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Monetary divergence
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DOI: 10.1108/OXAN-DB231763
ISSN: 2633-304X
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Following the meal, the Fed said Powell did not discuss monetary policy "except to stress that the path of policy will depend entirely on incoming economic information and what…
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DOI: 10.1108/OXAN-DB241660
ISSN: 2633-304X
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The dollar index has fallen by about 10% since early January, to its lowest since April 2016, under the strain of US President Donald Trump’s political woes and robust euro-area…
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DOI: 10.1108/OXAN-DB223941
ISSN: 2633-304X
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Prospects for the global economy in 2016.
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DOI: 10.1108/OXAN-DB206329
ISSN: 2633-304X
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Financial markets.
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DOI: 10.1108/OXAN-DB242277
ISSN: 2633-304X
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Although most banks remain stable, and central banks are primed to support any in difficulty, the combination of slower GDP growth, above-target inflation and fast-rising interest…
EU: Euro-area is set for a long but shallow downturn
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DOI: 10.1108/OXAN-ES283658
ISSN: 2633-304X
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The ECB stopped purchasing bonds this month after running its asset purchase programme (APP) since March 2015. The APP flooded commercial banks with liquidity in excess of their…
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DOI: 10.1108/OXAN-DB241413
ISSN: 2633-304X
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NYTM -- Japan and the euro-area.
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DOI: 10.1108/OXAN-DB246868
ISSN: 2633-304X
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Far from being nonplussed by Germany’s Constitutional Court ruling of May 5 that the ECB’s Public Sector Purchase Programme (PSPP) may be illegal, it doubled the programme on June…