Economy

12 March 2019

Monthly Economic Update

Every month, our economists study the macroeconomic situation. They analyse the events that have had an impact in recent months, and discuss possible consequences.

March: In like a lion, out like a lamb?

March is shaping up to be a big month for geopolitics. A deal between the US and China appears close, which could see financial markets rethink their ultra-cautious expectations on US central bank policy. Concerns about global growth could start to fade too. That said, a handful of stumbling blocks could yet scupper a US-China deal. Meanwhile, the threat of a ‘no deal’ Brexit, and tariffs on EU cars, mean the uncertainty facing policymakers and investors will remain high.


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