INT
Lower rates will return, amplify and raise challenges
New data over six centuries suggest the trend for lower rates will resume along with the associated policy challenges
InternationalUS oil output solid near-term but less so further out
US output is key to oil market dynamics and will grow short-term, though contradiction clouds the outlook further out
United StatesGPT-4 underlines mismatch on AI policy and innovation
OpenAI has launched the successor to its hugely popular ChatGPT AI chatbot
InternationalChina will meet its GDP aim, but imbalances will rise
Retail sales are recovering modestly but, led by the property downturn, private investment is growing as a concern
ChinaUK financial risks to rise as economic activity slows
The UK job market remains tight but is gradually weakening, bringing nominal wage growth lower with it
United KingdomSVB failure spells contagion but not systemic risk
Major global tech lender Silicon Valley Bank and crypto lender Signature Bank have collapsed in quick succession
InternationalBanking overtakes jobs in importance to US rate moves
The US economy added 311,000 non-farm jobs in February but banking fears may dominate Federal Reserve thinking next week
United StatesUK GDP is unlikely to grow in first-quarter 2023
UK GDP grew modestly in January as hospitality and education rebounded but manufacturing and construction fell
United Kingdom