Welcome
Welcome to Economic Perspectives.
Latest News
We successfully moved offices on Friday 30th March.
Our new address is:
AW House
6-8 Stuart Street
Luton
Bedfordshire
LU1 2SJ
Our telephone remain unchanged:
+44-1582-696999
Latest Publication
Global Inflation Perspectives (Feb/2012)
Latest Media Appearances
Peter comments on the current favourable indicators and the future price to be paid for monetary 'easing' in an interview with James J Puplava of Financial Sense Newshour (8/Mar/2012).
In an article titled 'Is Inflation Targeting Out of Date?' (co-authored with Joanna Davies), Peter discusses whether inflation targeting has flexibility and durability to withstand severe economic and financial shocks, or was it simply a child of its time that cannot mature. (pp.39-48 in the Central Banking Quarterly Journal, Vol.XXII, Number 3, February 2012).
Peter expresses his opinion on rising UK Bank rate in the new year in Sunday Times, Money supplement (15/01/2012)
Peter discusses current UK economic news and the OECD on BBC Radio Wales News' programme Good Evening Wales (28/Nov/2011)
Peter looks back at 2011 and forward to 2012 in a series of interviews:
World Business Report, BBC World News (30/Dec/11)
BBC 1 Television, Breakfast News (30/Dec/11)
Good Morning Scotland, BBC Radio Scotland (30/Dec/11) at 01:39:25
In an article featured in the Forum section of CityAM (22/Dec/11), Peter discusses ways for the UK banks to weather the Eurozone storm.
Peter joins Simon Jack of BBC Radio 4 Today's Business News (18/Oct/2011) with a preview of the latest UK inflation figures.
Examining economic and financial prospects within a global credit context
- Peter Warburton
What is EP?
Economic Perspectives is a UK-based consultancy, directed by Dr Peter Warburton. Formed in 1996, the company offers independent thinking and perspectives on global macroeconomic and financial issues that are topical and relevant to investors and decision-makers in business.
Our consultancy has a strong empirical focus, interpreting recent economic and financial developments with a view to providing excellent insight to clients.
What do we do?
Our flagship global publications are quarterly Global Credit Perspective and Global Inflation Perspective. In Global Inflation Heat Maps, we keep a monthly check on global inflation developments. A concise summary of our research ideas can be found in the monthly Research Digest. There is also a UK Economic Perspective that is published 8-10 times annually.
Economic Perspectives supplies forecasts for the UK economy to HM Treasury and to Consensus Economics Inc.; and was ranked 7th out of 39 forecasting groups according to a Sunday Times evaluation of 2010 forecasts. The company was ranked 1st. in the 2009 competition.
Our clients are drawn mainly from the financial and media sectors in the UK and US.
Emerging thoughts
Our conviction that "the only credible resolution of the global credit crisis is the return of global inflation" is unaltered. Global inflation is not the outcome of discussions around a central bank's boardroom table; it is the outcome of complex interactions between politics and economics, credit and money and the relative plenitude of real resources and financial claims.
The conventional wisdom espoused by central bankers, by leading academics and by the largest global investment banks says that no policy action is required to control inflation because an accumulation of spare capacity will spontaneously defuse the situation. A demotion of inflationary concerns in the central bank objection function is one thing: a blatant disregard of the inflationary risks is another.