Innes McFee

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The challenges of forecasting during a pandemic

Posted by Innes McFee on Feb 18, 2021 4:32:27 PM

The global pandemic has been a huge test for economic forecasters. An event unprecedented in modern times has precipitated a contraction in the...

Despite slowing US economic momentum, a worsening health situation, and recent election uncertainty, the policy outlook carries upside risks for the...

According to our new overlapping generations model, the Eurozone is stuck in secular stagnation leaving the ECB unable to hit the 2% inflation target...

We spelt out our view on the future of globalisation this week. We don’t expect globalization to go into reverse, but we do think it will continue to...

Trade is already one of the hardest-hit US sectors in the coronavirus crisis and faces major risks depending on the path of the pandemic in our GSS...

This week the Banco Central do Brasil (BCB) lowered the Selic rate to 2.00%. Although our baseline scenario is for further rate cuts in the coming...

Latest data reveal a shifting US health picture. Coronavirus reproduction rates slowed in the last week after the pause or rollback of state and...

Our baseline forecast looks for world trade to grow by just 2.6% per year from 2020-2030, with trade volumes in 2030 around 5% lower than we expected...

We are pleased to see that Gavyn Davies recently mentioned Oxford Economics in his excellent opinion article 'The safe-asset shortage after Covid-19'.