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UK inflation: Why wages matter

For a government that took office vowing to deliver credibility to the UK’s economic policy framework, 2013 could not be going much worse. The loss of the UK’s AAA status, the preservation of which George Osborne had placed at the heart of his economic plans...

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ECB: Tailoring rates getting increasingly challenging

Now that the threat of a near-term breakup of the euro area has disappeared, thanks largely to the ECB’s OMT programme, thoughts have turned to the outlook for the ECB’s monetary policy...

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France: How much should we worry?

Following a steady improvement in business sentiment in recent months, yesterday’s flash PMIs provided a reminder of the fragile state of the euro area’s recovery.

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European banks – getting to the core of subdued debt issuance

A triumphant return to bond markets for peripheral banks has grabbed the headlines at the start of the new year. But a less-discussed phenomenon has been the scarcity of new debt issues from fundamentally healthier banks in countries...

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