Although the US Federal Reserve kept rates unchanged this month, the direction of travel is towards easier policy. Whether this will be enough to restore corporate confidence and spending may depend as much on the president as the Fed.
The Reserve Bank of Australia has cut rates in response to a labour market that has lost momentum, and amid concerns over household consumption and China’s trade dispute.
Economic and Strategy Viewpoint
This month we update our forecasts for a wobbly world economy, but see green shoots beginning to sprout in Europe.
Our economics experts share their views as Boris Johnson, who could easily take the UK out of the EU without a deal, is installed as favourite to become the UK’s next prime minister.