News

As a keen student of unemployment, the nominee for the new Federal Reserve Chair Janet Yellen has been eager to make her thoughts clear on one of the biggest questions facing central banks, and in particular the Fed, namely whether the increase in US unemployment has become structural. In other...Read more

The US government shutdown is finally over. President Obama has enjoyed his victory, and the rest of the world has breathed a sigh of relief.Read more

September 2013
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Last week saw most of the major developed market central banks reporting, and none of them markedly changed either policy or outlook. The European Central Bank noted that downside economic risks are currently prevailing in the Eurozone and that easy monetary conditions will persist for the...Read more

a keyhole

The low growth and generally uncertain environment of the past five years has seen equity investors favour companies with predictable earnings......Read more

water flowing out of a tap

The Federal Reserve recently announced that it is preparing to slow the flow of liquidity provided by its bond buying programme....Read more