Quarterly UK Economic Outlook Preview

Foreign aid makes good macroeconomic sense

This is a preview from the Quarterly UK Economic Outlook, August 2021.

 

The long and uncertain road to exiting Quantitative Easing

This is a preview from the Quarterly UK Economic Outlook, August 2021.

There is a rich literature on Quantitative Easing (QE) but less so on its unwinding. QE was initiated in 2001 in Japan, followed by the US in 2008 after the Global Financial Crisis, and there has been time to evaluate it, while there has not been any sustained unwinding of QE so far. The only episode that approaches an unwinding of QE is the so-called ‘Taper Tantrum’ in the United States in 2013, when Treasury yields surged on the news that the Federal Reserve would be slowing down its purchases of bonds.

Trough to Boom: UK firm creation during the COVID-19 pandemic

This is a preview from the Quarterly UK Economic Outlook, May 2021.

The Effects of Covid-19 and Brexit on Firms' Trading Decisions

This is a preview from the Quarterly UK Economic Outlook, May 2021.

 

MPC communication: the case for taking back control of financial conditions

This is a preview from the Quarterly UK Economic Outlook, May 2021.

Interest rate rises and Covid-19 government debts

This is a preview from the Quarterly UK Economic Outlook, May 2021.

The increase in government debt will translate into an increased sensitivity of any debt service costs to interest rate changes but the level of service costs remains low.