The End-Game: Theresa May's Brexit Approach Is a Complete Shambles
The last hope for salvaging an orderly Brexit collapsed, with the Labour party announcing that its talks with the Conservatives had fallen apart....
510 Views
UK: Above-Potential Pace Through 1Q19
The LFS unemployment rate declined again to 3.8% in Mar-19 while GDP growth rebounded to 0.5% q-o-q. Ongoing demand-driven declines in the...
491 Views
BoE: Rejecting Imported Stimulus
The BoE significantly upgraded its forecasts for GDP growth and excess demand as the economy was stimulated by lower interest rates despite a much...
321 Views
UK: PMI Payback in Apr-19 Still Below Reality
The services PMI matched the other sectors with partial payback in Apr-19. It remains subdued, but it is also still biased to exaggerate the...
454 Views
BoE: Gloomy Patience Postponing Policy Response
The MPC was unanimous in leaving policy unchanged again in May-19, as expected. Reality’s robustness has raised the BoE’s growth forecasts and the...
434 Views