16 November 2019
The global economy is sailing into headwinds, the most obvious of which is the trade war between the US and China. This has in-turn forced central banks across the world to ease monetary policy to...
21 September 2019
The European Central Bank (ECB) has decided to launch a new stimulus package at the latest monetary policy meeting of its Governing Council on September 12th. The decision came as the Euro area is...
15 June 2019
The European Central Bank (ECB) is struggling to achieve its inflation target of less than but close to 2%. It disappointed markets by only extending its “forward guidance” by 6 months, promising not...
22 December 2018
Despite a weaker Euro area  recovery and mounting headwinds associated with softer global growth and higher policy uncertainty, the European Central Bank (ECB) has decided to end the net purchases of...
17 December 2017
In 2018, global growth is expected to be 3.5%, just above the average for the post-financial crisis era but slightly down from 3.6% in 2017. The three main factors that drove the acceleration in...
11 November 2017
There has been a flurry of central bank activity in recent weeks. The US Federal Reserve (Fed) has signalled its intention to carry out the third hike of the year at its upcoming December meeting;...
13 August 2017
One of the more surprising developments of 2017 has been the weakening of the US dollar. Since the start of the year, the greenback has declined by 5% against a basket of the world’s most traded...
18 March 2017
The European Central Bank (ECB) kept policy unchanged at its latest monetary policy meeting on March 9th but ECB President Mario Draghi struck a decidedly optimistic tone about the progress of the...
18 December 2016
The month of December confirmed that the divergence in global monetary policies is now in motion. On 8 December, the European Central Bank (ECB) introduced a further dose of monetary stimulus. Almost...
24 May 2015
The Euro Area is embarking on a recovery that is likely to be sustained by four strong tailwinds. Euro Area GDP grew by 1.6% on annualised basis in the first quarter of 2015. This represents an...
31 January 2015
The European Central Bank (ECB) announced an expanded quantitative easing (QE) programme on 22 January. Starting in March 2015, the ECB will buy, on a monthly basis, EUR60bn worth of Euro Area...
21 December 2014
As 2014 comes to an end, the global economy shows signs of weakness with significant downside risks. Some of these risks are likely to materialise next year, leaving the global economy in worse shape...

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