Today's BoJ policy meeting, as anticipated, maintained the monetary policy status quo. While higher energy and commodity prices are expected to raise...
Canada | Rates are headed up, but slower than markets expect
Posted by Tony Stillo on Feb 3, 2022
The Bank of Canada removed its forward guidance in January and clearly signalled an imminent tightening of monetary policy. Assuming a swift end to...
Japan | BoJ dismisses growing concerns over weaker yen
Posted by Shigeto Nagai on Jan 18, 2022
The Bank of Japan (BoJ) left monetary policy unchanged at today’s meeting, maintaining current short- and long-term interest rates. Commodity price...
Asia Pacific | The outlook for food prices in Asia
Posted by Tom Rogers on Jan 12, 2022
For Food Industry Asia, Oxford Economics constructed bespoke forecasts for the food component of the consumer price index in eight Asian economies....
US | Supply chain remained strained at year end
Posted by Oren Klachkin on Jan 10, 2022
Our US supply-chain stress tracker offers some encouraging news to kick off the new year. Pressures on the inventory front diminished in December,...
Canada | 2022 Themes: Economic recovery delayed not derailed
Posted by Tony Stillo on Dec 13, 2021
Canada’s full economic recovery from the pandemic has been delayed, notderailed. The economy continues to benefit from reopening amid highvaccination...
US | Supply-chain snags loosened a bit in November
Posted by Oren Klachkin on Dec 7, 2021
Our US supply-chain stress tracker points to less stress in November. Still, while transportation challenges eased, they remained the greatest...
Eurozone | Low-flation risks to come back to the fore in late-2022
Posted by Oliver Rakau on Nov 18, 2021
We see little evidence that the outlook for underlying inflation in the eurozone is much changed from a few months ago. In fact, there’s a high...
US | It ain’t stagflation, but it sure is “M.E.S.S.I.”
Posted by Gregory Daco on Oct 15, 2021
It’s not runaway inflation, and it’s certainly not stagflation. In fact, the US economy is going through a bout of “M.E.S.S.I.” inflation dynamics –...
Eurozone | Energy prices put another dent in near-term recovery
Posted by Oliver Rakau on Sep 28, 2021
The surge in European gas and electricity prices over recent months pushed energy prices to an all-time high in August, amplifying a pickup in...