Hints and tips:
...Bronwyn Curtis: Having been slow to raise rates, they are now at risk of tightening too much....
...Divisions within the North as well as the North/South divide....
...Cœuré coin Former ECB board member Benoît Cœuré has been confirmed as head of the Bank of International Settlements digital currency unit....
...Separately, BP announced new North Sea oil projects....
...economies in Europe as well as in North America....
...The MPC will feel justified in raising rates along with an improving external backdrop and action from other leading central banks Paul Mortimer-Lee, chief economist of North America, BNP Paribas With...
...So, contrary to central bank assumptions, ultra-low interest rates discourage risk taking and depress growth....
...Indeed central banks in a number of developed economies are puzzling over why pay growth is relatively slow given historically tight conditions in labour markets....
...This is our central case....
...Bronwyn Curtis, chairman, JPMorgan Asian Investment Trust Consumer confidence is back down to the post referendum levels, incomes are being squeezed and the housing market is weaker....
...Bronwyn Curtis, Chief economic adviser, Official Monetary & Financial Institutions Forum I expect rates to be raised in 2016, but not until May at the earliest....
...The chief obstacle cited by commentators is the trade deficit, but that is largely a function of savings-glut economies — Germany plus north-central Europe, China and Japan — slipping back into their comfort...
...My main concern is potential regional imbalances — but not a simplistic North-South divide, but a North-North divide and a South-South divide....
...But on the upside, lower oil prices should benefit the UK even if the North Sea production & investment pipeline is likely to take a major hit....
...Bridget Rosewell, Volterra Yes, the uncertainty will be bad for investment Bronwyn Curtis, OMFIF Yes....
...At the Snapshotz portrait studio inside the main shopping mall on Bastogne Avenue, within the boundaries of Fort Campbell, photographer Curtis Scott says he has felt the effects of sequestration....
...It is, on the contrary, a unit of value, a system of accounts and transferable credit....
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