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Full employment will boost US wage growth

Location:

UNITED STATES

The jobless rate is expected to stay unchanged at 4.9%, its lowest level since November 2007. This decline occurred despite a rebound in the participation rate, up 0.5 percentage…

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…

Prospects for the US economy to end-2017

Location:

PROSPECTS H2 2017

Prospects for the US economy to end-2017.

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…

Emerging Asia activity will slow despite China rebound

Location:

INTERNATIONAL

ASEAN's growth is nevertheless expected to outpace global growth, of which China and India are expected to contribute more than 50% -- India about 15% and China around 35%.

UK government’s fiscal plans are not sustainable

Location:

UNITED KINGDOM

Despite the short-term improvement in the fiscal position, the budget does not make major changes to macroeconomic policy or reverse planned tax increases. Instead, the government…

Despite dodging recession, Australia risks slump

Location:

AUSTRALIA

Australian GDP grew by 1.9% in 2016, lower than earlier forecasts by the Treasury and the Reserve Bank of Australia (RBA). The latest OECD Economic Survey, together with other…

Risks will outweigh recovery chances in Eastern Europe

Location:

EASTERN EUROPE

The economic environment has been dictated by Russia’s war in Ukraine and its market and policy implications. Next year, the prospects for the V4 economies are moderately upbeat…

High inflation will curb Baltic growth rates in 2022

Location:

BALTIC STATES

Between the beginning of 2021 and April 2022, inflation in the three Baltic states went from near-zero to double digits. The acceleration was initiated by higher energy prices in…

Prospects for the euro-area in 2024

Location:

PROSPECTS 2024

GDP contracted by 0.1% quarter-on-quarter in July-September, according to updated estimates from Eurostat this month, having grown by 0.2% in the second quarter and not at all in…