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Philip R. Lane: Outlook for the euro area economy

It is an honour to be invited to contribute to the Asian Monetary Policy Forum. My topic today is to examine the role of Europe in the world economy.[1] International trade, international finance, international technolo…

How much has UK fiscal headroom narrowed ahead of autumn budget?

Britain locked in its most expensive long-term borrowing in 28 years on Tuesday, selling £4.25 billion (approximately $5.75 billion) of 30-year government bonds at a yield of 5.8168% — the highest at any gilt yield reco…