Many say it’s time for the ECB to ramp up QE. But how to make it work?

September 14, 2015

RTX1QWU5.jpgThat the European Central Bank will have to soon add to its massive stimulus programme is fast becoming the consensus view among economists, although how it will do that effectively is far from clear.

Stronger dollar still set to fuel inflation in Latin America, despite weak growth

September 10, 2015

A customer selects bananas as others buy goods at a fruit and vegetable store in CaracasFor months, Latin America’s inflation has been surprisingly steady given the steep drop of their currencies. Weak growth helped curb prices – but that may be about to change.

Japan inflation expectations wilting once again

September 9, 2015

Not againThe biggest attention grabber out of Japan is today’s 7.7% moonshot on the stock market, based on hopes of further central bank stimulus in Asia as well as an expected corporation tax cut over the next few years. Never mind that this comes just one day after the Nikkei joined many other major global stock indexes in wiping out its gains for the year.

The new Godot: waiting for wage inflation

September 7, 2015

Actors Maertens and Stoetzner perform on stage at Vienna's BurgtheaterBoth of the two top central banks considering an interest rate rise from near-zero are hoping for a significant pickup in wage inflation and have been waiting a long time for it to turn up.

Weak growth may force India’s central bank to reconsider inflation focus

September 1, 2015

Reserve Bank of India Governor Raghuram Rajan speaks to The Economic Club of New York, in midtown ManhattanFor all its single-minded focus on lowering inflation, India’s central bank may be forced to acknowledge slowing growth in Asia’s third largest economy by cutting interest rates — probably faster than it expected.

Breakout for U.S. services economy?

August 6, 2015

It’s not very often you come across a chart like this. Usually this kind of thing happens once every 10 years or so.

UK pay may be taking off but rates will stay grounded for a while yet

July 2, 2015

The Bank of England is seen through columns in LondonBritish wage growth will outstrip the Bank of England’s forecast this year but that doesn’t mean the first rate hike will come sooner.

Brazil’s relentless rate hikes shielding economy from inflation bout

June 16, 2015

Employee arranges pricetags at vegetables work bench during the opening day of upmarket Italian food hall chain Eataly's flagship store in downtown Milan

Brazil’s relentless series of interest rates hikes is successfully lowering inflation expectations – despite recent signs to the contrary, from lottery to tomato prices.

As window closes, Greek activity picks up

By Mike Peacock
June 3, 2015

German Chancellor Merkel and Greek Prime Minister Tsipras leave after addressing news conference in BerlinIt’s still not clear if a Greek deal will be done but the pace of activity has certainly picked up.

The “take it or leave” it moment?

By Mike Peacock
June 2, 2015

German Chancellor Merkel, French President Hollande and European Commission President Juncker arrive to make statements to the media before a meeting with top company executives in Berlin

Five people who hold Greece’s fate in their hands – Angela Merkel, Francois Hollande, Mario Draghi, Jean-Claude Juncker and Christine Lagarde – met for talks in Berlin last night.