Snapshot
Janet Mui: weekly economic update 13 September 19
Snapshot
Janet Mui: weekly economic update 13 September 19
- Negative interest rates are here to stay as the ECB cuts rates and pledges to keep them low until inflation recovers.
- US headline inflation has picked up, though it probably won’t deter the Fed from cutting rates later this month.
- Early data suggests that UK output will pick up this quarter. We remain cautious on the outlook.
