think tanks kick off 2013 with warnings on UK
The UK economy is likely to falter further throughout the coming year, leading think tanks have warned.
Macro News
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us avoids fiscal cliff with compromise deal
The US government has reached to a deal to help the country avoid the looming fiscal cliff that threatened to send it back into recession.
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bond returns of 2012 will not be repeated
Fixed income proved to be popular during 2012 as investors continued their flight to safety and stayed reluctant to move back to equities en masse.
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emerging markets facing brighter 2013
The world’s emerging markets took a hit over 2012 as global growth slowed and the eurozone debt crisis continued to drag on exports.
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uk grew by less than expected in q3
The UK economy grew by less than originally thought in the third quarter of the year, according to revisions to official data.
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2013 outlook renewed confidence in the eurozone
The past year has been a rollercoaster for Europe, with commentators spending the bulk of it fearing a Greek exit from the eurozone and a disorderly break-up of the single currency.
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fiscal cliff dominates but us growth hopes persist
Many recent headlines about the US focused on the fiscal cliff – that $600bn package of automatic tax increases and government spending cuts that threatens to send the country back into recession.
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2013 outlook uk stuck with slow growth
The last year saw the UK mired in a double-dip recession until the Olympic boost helped the economy to finally achieve some growth.
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have bond markets gone too easy on sovereigns
Fitch Ratings has warned about complacency spreading through fixed-income markets and among policymakers as tentative progress is made in the eurozone debt crisis.
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inflation unchanged during november
Consumer price inflation was unchanged over November, according to official figures, although it remains above target and could rise again in the coming months.
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bernanke goes into uncharted territory
Ben Bernanke has expanded the Federal Reserve’s quantitative easing (QE) programme and adopted new thresholds for interest rates, moving the central bank further into uncharted territory.
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carney suggests dropping inflation targeting
The incoming Bank of England governor has suggested scrapping inflation targeting when attempting to stimulate an ailing economy.