BoE MPC members differ on rate change
Jul 03, 2015 08:50 am UTC| Commentary
Mr Haldane, chief economist of EoB argued in a speech that growth risks are skewed to the downside and he has "considerable sympathy" with the argument that interest rates should be "lower for longer" in order to avoid...
USA services are still the growth driver
Jul 03, 2015 08:06 am UTC| Commentary
While US industry is suffering from the sluggish global economy and the strong dollar of late, the strongest growth impetus has been from sectors outside manufacturing.In May, the nonmanufacturing ISM index printed at an...
EM weakness stronger than weak euro?
Jul 03, 2015 08:02 am UTC| Commentary
Despite the weak euro, German industrys business overseas is not really gaining momentum. Its positive effect is evidently being neutralised by the much slower growth of demand from the emerging markets. The May figures on...
Jul 03, 2015 07:57 am UTC| Commentary
With oversupply only shrinking slowly, oil prices look set to remain under pressure, especially since a conclusion of a final nuclear agreement with Iran would bring additional oil from the country to the market.Oil prices...
ECB adds new eligible issuers for QE
Jul 03, 2015 07:41 am UTC| Commentary
The ECB yesterday added state-owned infrastructure companies to the list of organisations whose assets are eligible for the public sector asset programme (PSPP), fuelling speculation that it is moving closer to outight...
Inflation seems bottomed for many Asian countries
Jul 03, 2015 07:38 am UTC| Commentary
While activity data remain weak in Asia, inflation appears to have hit an inflection point. Prints for Korea, Indonesia, and Thailand in June all registered a pickup, with the drought conditions related to a consolidating...
Franco-German divergence on Greece and Investment
Jul 03, 2015 07:33 am UTC| Commentary
Hollande, Juncker and Dijsselbloem desperately tried to find an agreement on Greece up to Tuesday while Germany already considered it was too late and impossible to make progress before Sundays referendum.The divergence...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
Labour can afford to be far more ambitious with its economic policies – voters are on board
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects