Analysis

  • UK Trip Report: BoE in No Rush to Hike This Year

    By Brunello Rosa and Nouriel Roubini Jul 30 @ 12:00AM

    With the UK economy growing above potential since Q2 2013, Bank of England (BoE) Governor Mark Carney recently signaled that the official bank rate might be raised sooner than the market has been pricing in. In light of our recent discussion with a senior BoE official, this paper reassesses the likelihood of a rate hike in 2014.

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  • Housing Bubbles Part II: Macropru in Sweden

    By Brunello Rosa and Ariel Rajnerman Jul 30 @ 12:00AM

    The high (and increasing) house prices and levels of household debt pose significant risks to Sweden’s financial stability. After years of keeping its monetary policy stance tighter than economic developments, especially on the inflation front, have warranted, the central bank has abandoned that approach with a 50 bp repo rate cut, and urged the Swedish Financial Supervisory Authorityto take decisive macroprudential action.

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  • ECB Trip Report: QE Unlikely Before Year-End

    By Nouriel Roubini and Brunello Rosa Jul 29 @ 12:00AM

    We recently spent two days in Frankfurt meeting a variety of senior policy officials and discussing the outlook for the eurozone economy and the ECB’s likely monetary policy actions.

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  • Argentina Debt Saga: No Winners at the Finish Line

    By Joao Pedro Ribeiro and Rachel Ziemba Jul 28 @ 07:00PM

    Argentina's talks with holdout bondholders have yet to yield any results, raising the odds of a default.

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  • Tracking the Ukraine Crisis

    By the RGE Research Team Jul 28 @ 01:30PM

    Excerpts from RGE's detailed coverage of the ongoing crisis in Ukraine and its knock-on effects.

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