BoE FPC could likely decide on date for British banks' counter-cyclical buffer

Mar 10, 2016 16:03 pm UTC| Commentary Central Banks Economy

BoEs Financial Policy Committee in its Dec meeting agreed that the amount of extra capital British banks should set aside to protect them from future economic downturns should be 1 percent of their risk-weighted assets,...

China Crisis Series

Deflation in the industry sector and weak demand warrant an accommodative monetary policy from the PBoC

Mar 10, 2016 15:27 pm UTC| Commentary Central Banks Economy

Chinas Feb inflation accelerated to a six-month high in February as seasonal distortions caused food prices to spike. Data released on Wednesday showed that Chinas CPI inflation unexpectedly rose to 2.3% y/y in February,...

Global Reflation Series

Global Reflation Series: early signs of inflation call for preparations

Mar 10, 2016 08:41 am UTC| Commentary Economy

We have long been arguing that all the monetary stimulus from central banks around the world would ultimately spark inflation and only happenings that have been encountering such is lower commodity prices. We believe,...

Canadian housing starts are unlikely to be sustained near the 200k pace

Mar 09, 2016 15:42 pm UTC| Commentary Economy

Data released on Tuesday showed that Canadas housing starts spiked in February, up to 213k annualized, beating expectations and Januarys 165k. Growth of 46% m/m in urban multi-family starts mainly drove this rebound,...

Bulgarian economy expands in Q4 2015 but growth faces downside risks in 2016

Mar 09, 2016 12:04 pm UTC| Commentary Economy

Bulgarias economy grew 0.7% q/q and 3% y/y in Q4, according to the second estimate. It was revised down by 0.1ppt from the initial flash estimate of 0.8% q/q and 3.1% y/y. On the demand side, consumption recovered...

Briferendum Series

Brexit likely to weigh on European GDP growth and currencies

Mar 09, 2016 07:26 am UTC| Commentary Economy

Even if the UK votes to stay in EU, the concessions that the UK has negotiated with the EU might complicate extra EU integration. Britains exit from the EU will hit the UK and also Europe. If the UK exits, EMU GDP is...

Pushing back against the politicisation of economic modelling

Mar 09, 2016 04:58 am UTC| Insights & Views Economy

Controversy surrounding the use of economic modelling on the impact of negative gearing suggests the politicisation of economic modelling is becoming an issue that must be tackled by the economics profession. Debate was...