INT
ECB balance sheet reduction raises fragmentation risks
The ECB balance sheet reduction so far has been modest but the pace of the quantitative tightening will rise from July
EuropeGenAI will transform workplace tasks across industries
Generative artificial intelligence (GenAI) tools can mimic or outperform humans in a wider range of workplace tasks
InternationalUK rates will rise well above 5% to trim services CPI
Consumer price inflation remained at 8.7% in May, while core inflation rose to 7.1%
United KingdomSub-optimal 2020s climate financing raises 2030s risks
The IEA and IFC have produced a joint report on clean energy spending needs in emerging markets and developing economies
InternationalWorker shortages and skills mismatches will hit growth
High youth unemployment and rising worker retirements are straining labour markets and productivity
InternationalUK accession highlights CPTPP’s potential
UK entry into the CPTPP is of economic benefit to the bloc’s members, but geopolitical factors are also at play
United KingdomMOVEit breach does not risk US systemic security
The MOVEit cybersecurity breach has not yet been contained
InternationalLimited resources will check BRICS financial clout
The BRICS group offers a different development model and has increased cross-border payments in non-US dollar currencies
International
