The global pandemic has been a huge test for economic forecasters. An event unprecedented in modern times has precipitated a contraction in the...
Innes McFee
Recent Posts
Chart of the week: The impact of Biden win on the economy
Posted by Innes McFee on Oct 30, 2020 7:01:00 PM
Despite slowing US economic momentum, a worsening health situation, and recent election uncertainty, the policy outlook carries upside risks for the...
Chart of the week: Eurozone: OE real neutral rate estimates
Posted by Innes McFee on Oct 19, 2020 2:31:24 PM
According to our new overlapping generations model, the Eurozone is stuck in secular stagnation leaving the ECB unable to hit the 2% inflation target...
Chart of the week: What the next decade of slower globalization will bring
Posted by Innes McFee on Sep 4, 2020 3:33:27 PM
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...
Chart of the week: US: Total trade under different scenarios
Posted by Innes McFee on Aug 14, 2020 7:29:32 PM
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...
Chart of the week: Why ending the easing cycle in Brazil now would be a mistake
Posted by Innes McFee on Aug 7, 2020 3:05:46 PM
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...
Chart of the week: US coronavirus reproduction rates
Posted by Innes McFee on Jul 31, 2020 10:16:07 AM
Latest data reveal a shifting US health picture. Coronavirus reproduction rates slowed in the last week after the pause or rollback of state and...
Chart of the week: Our forecast for world trade growth
Posted by Innes McFee on Jul 24, 2020 1:53:22 PM
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...
Oxford Economics featured on Financial Times: The safe-asset shortage after Covid-19
Posted by Innes McFee on Jun 29, 2020 12:17:58 PM
We are pleased to see that Gavyn Davies recently mentioned Oxford Economics in his excellent opinion article 'The safe-asset shortage after Covid-19'.