As Mark Carney prepares to make way for new governor Andrew Bailey, he’s voiced the suggestion that UK interest rates could be cut if the economy wobbles in early 2020. His view may be in anticipation, as some have concluded, of an economic shock resulting from the UK’s exit from the UK on 31st January. …
What trends will dominate the next decade?
As a wise sage once said: forecasting is very difficult, especially about the future. But maybe we can discern some trends that will at least help to determine the direction of the decade ahead, whilst acknowledging how little we can ever truly predict. Few people back in 2010, for instance, would have thought that in …
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Is the focus on tariffs on goods missing the point? Part two
As I discussed last week, global economic growth is at risk from the US government’s imposition of tariffs on trade with China. But the focus on physical trade in goods is also missing an important point: the future, and the present, for some countries, is more about data flows than physical products. Unlocking the benefits …
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