Trump’s Carrier coup reveals credibility gap between Twitter rhetoric and economic reality

Dec 01, 2016 02:49 am UTC| Insights & Views Economy Business

In a political coup, President-elect Donald Trump says that his transition team has struck a deal with Carriers Indianapolis plant to keep 1,000 jobs in the state. Big day on Thursday for Indiana and the great workers...

It's good the government will report GDP per capita, but it shouldn't stop there

Dec 01, 2016 02:35 am UTC| Insights & Views Economy

The governments horse trading over legislation with the senate will have a profound effect on the way the government reports economic data. Part of the governments agreement with Senator Leyonhjelm to support the...

Chart of the Day Series

Chart of the Day: Trumpflation eases recession probability

Nov 30, 2016 18:12 pm UTC| Commentary Economy

As Republican candidate Donald Trump won the US Presidential election, the narrowing of the duration premium, which measured by the yield difference between 10-year and 2-year treasury, reversed course. Whenever the gap...

RBS fails Bank of England stress tests, to revise capital plan for better resilience

Nov 30, 2016 16:34 pm UTC| Commentary Central Banks Economy

The Bank of England (BoE) released its annual bank stress tests results on Tuesday which gauges the financial strength and resilience of the UKs seven major lenders - Lloyds Banking Group, HSBC, Barclays, Royal Bank of...

Central Banking Series

Risks to UK financial stability "remain elevated" - BoE

Nov 30, 2016 15:46 pm UTC| Commentary Economy Central Banks

The Bank of England (BoE) published its latest bank stress test results alongside the Financial Stability Report (FSR), noting that UK financial system has stood up well, dampening rather than amplifying volatility in...

India’s Q2 economic growth rises on upbeat service sector performance, high consumer demand

Nov 30, 2016 12:35 pm UTC| Commentary Economy

Economic growth in India during the second quarter of fiscal year 2017 rose, albeit lower than market expectations, following upbeat performance in the service sector, the countrys major contributor to gross domestic...

Central Banking Series

ECB would react to “shocks” caused by the Italian referendum

Nov 30, 2016 12:18 pm UTC| Insights & Views Economy Central Banks

ECB meeting on 8th December will be largely influenced by developments in Italys politics as we head into Italian referendum scheduled to take place on 4th December. At its semi-annual financial stability report last week,...