Follow Paul Donovan

More policy decisions

| Posted by: Paul Donovan | Tags: Paul Donovan

  • The Bank of England conclude their deliberations. No change in policy is expected – the Bank has already tightened quantitative policy (more than the Fed) and experimented with regulatory tightening, with hints that regulation may be used again in the future.
  • Rates are expected to stay negative in Switzerland, though no further easing seems likely in the wake of the financial markets' reactions to the ECB's decision last week.
  • Final inflation figures come out from the French and some other European economies. Weidmann of the Bundesbank is speaking, in the wake of some fairly caustic criticism of market analysts from Nowotny of the ECB. Nowotny presumably did not mean market economists…
  • Import and export prices are due from the US. These matter to some of the longer term analysis about pricing to market strategies, the moves in the dollar, and the confusion of real and nominal economic data (especially in the industrial sector).