Fiscal Consolidation Framework

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Research Briefing

New IMF deal likely as fiscal consolidation comes undone in Ecuador

Ecuador is no longer on track towards meeting the criteria imposed on it by the IMF to keep its US$6.4bn...

Research Briefing

With no steer, gilts and sterling to remain rudderless at sea

We do not expect a long-lasting rebound in sterling (or gilts) anytime soon, given the lack of a credible fiscal...