The recent escalation of the conflict between Poland and the European Union has significantly increased the odds of a decisive response from the EU....
APAC | Recovery Tracker points to stalling momentum
Posted by Lloyd Chan on Oct 20, 2021
Our new monthly Asia Pacific Recovery Tracker shows overall momentum stalling in recent months amid the Delta-driven surge in Covid cases and...
APAC | Weak growth limits inflation worries in the region
Posted by Priyanka Kishore on Oct 20, 2021
Inflation has been elevated in many Asian economies for several months now. Indeed, the Bank of Korea and the Monetary Authority of Singapore have...
Singapore | Resilient growth prompts an early start to tightening
Posted by Sung Eun Jung on Oct 15, 2021
In a surprise move, the Monetary Authority of Singapore today tightened monetary policy by slightly raising the slope of the Singapore Dollar Nominal...
Indonesia | Recovering demand to power credit growth in 2022
Posted by Sung Eun Jung on Sep 30, 2021
Private bank credit contracted 2.7% in 2020 in Indonesia and continued to decline on a year-on-year basis through most of H1 this year. The credit...
Germany | Lifting the fiscal handbrake is easier said than done
Posted by Oliver Rakau on Sep 17, 2021
Recent political shifts have increased the odds of Germany loosening its tight national fiscal rules after the September elections, which could be...
Canada | Economy stumbles, but is still poised for robust recovery
Posted by Tony Stillo on Sep 15, 2021
We remain bullish on the outlook for the Canadian economy over the next two years despite a surprising contraction in Q2. However, increased Delta...
Eurozone | Firms' margins won't furnish long-lasting lift to inflation
Posted by Katharina Koenz on Sep 3, 2021
Profitability has staged an impressive recovery, but the rise in Q1 operating margins to a 12-year high materially overstates corporate health....
Germany | Push for carbon neutrality to get limited fiscal support
Posted by Oliver Rakau on Aug 25, 2021
The race to succeed long-term Chancellor Merkel and lead Europe’s largest economy is wide open. But we think Germany will continue its reactive,...
Indonesia | Delayed fiscal consolidation unlikely to raise debt risks
Posted by Sung Eun Jung on Jul 6, 2021
Due to ongoing pandemic-related spending needs, we now expect Indonesia’s fiscal deficit will narrow to 3% of GDP only by 2024, a year later than we...