BoE Set to Tighten Macroprudential Policy
China’s stretching credit cycle, combined with rising UK unsecured credit and household leverage, have returned the risk environment to a standard...
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Money Matters: The Failure of Inflation Targeting and the Implications for the Cost of Capital.
Advocates of inflation targeting claim that central banks can control prices through monetary policy and that by targeting a relatively low and...
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Money Matters: Deutschland Über Alles?
Eurozone inflation announced today came in "on target" at 2% for the first time in 4 years!! To give credit where credit is due, between 2001 and...
644 Views
Money Matters: Ready for Lift-Off?
The Personal consumption expenditure numbers in the US were released today. Income grew 0.4% MoM, an annualised rate of nearly 5% but the deflator...
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HSBC Reports Mixed Results; Continued Cost Reductions Remain Surest Near-Term Lever
HSBC reported mixed fourth-quarter results, in our view, but we plan to largely maintain our forecasts while our $40/GBX 610/HKD $62 fair value...
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