Commentary: Central banks heading for exit
By David Owen in London
In among all the concern about economic growth rolling over, it is important to recognise that central banks are still heading to the exit. Just before Christmas the Sveriges Riksbank raised rates for the first time in this cycle. In its monetary report, the Swedish central bank acknowledged that countries were entering ‘a phase of more subdued GDP growth’ globally. The central bank referenced the uncertainties surrounding Brexit and ‘the ongoing trade conflict between the US and several other countries’.
Read the full commentary on the website.
Podcast: Global China – Economic outlook and the future of the renminbi
As China undertakes a greater role on the world stage and trade tensions with the US persist, Prof. Steve Tsang, director of the SOAS China Institute, George Magnus, independent economist at the University of Oxford China Centre, and John Adams, director of China Financial Services, join Ellie Groves, OMFIF programmes manager for emerging markets, to discuss the outlook for the Chinese economy and the renminbi’s future as an international currency.
Listen to the recording, or search for OMFIF on your smartphone’s podcast app.