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UK policy has become the key example of policy failure. Although that mayhem stems largely from domestic vulnerabilities, the underlying problems -- policymakers’ efforts to…
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DOI: 10.1108/OXAN-DB273459
ISSN: 2633-304X
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Markets have taken badly the Fed's more hawkish policy guidance for 2017, not expecting such a shift in monetary policy so soon. The shift in US monetary policy comes just as the…
Global reflation trade falters as markets question Trump
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DOI: 10.1108/OXAN-DB220286
ISSN: 2633-304X
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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…
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DOI: 10.1108/OXAN-DB283146
ISSN: 2633-304X
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Presenting his government's programme on November 25, Prime Minister Ahmet Davutoglu promised to keep his election campaign pledges, complete major infrastructure projects…
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DOI: 10.1108/OXAN-DB206982
ISSN: 2633-304X
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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…
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DOI: 10.1108/OXAN-DB257862
ISSN: 2633-304X
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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…
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DOI: 10.1108/OXAN-DB283548
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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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…
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DOI: 10.1108/OXAN-DB285730
ISSN: 2633-304X
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Prospects for the global economy in 2023.