Ben May

Recent Posts

The recent broad-based rises in core inflation across a range of advanced economies has reopened the debate as to whether this year’s rise in...

Delta remains the primary threat to the recovery, but we also think that the drag from continuing, supply-chain disruption will be critical in the...

Global | Coronavirus Watch: Transitioning to 2022

Posted by Ben May on Aug 24, 2021 10:05:32 AM

We have cut our near-term growth forecasts, in part due to the spread of Delta, and are likely to fine-tune them further in September. But we...

Global | Coronavirus Watch: Delta dilemmas

Posted by Ben May on Jul 27, 2021 10:42:10 AM

The spread of the Delta coronavirus variant appears to have usurped inflation as the key concern. The Delta strain will lead to a bumpier and more...

Global | Coronavirus Watch: Delta risks mount

Posted by Ben May on Jul 13, 2021 10:57:30 AM

Concerns within markets about the impact of the Delta variant on the economy is in our view warranted. We have long warned that vaccinations would...

Global | Coronavirus Watch: Case rates fall globally

Posted by Ben May on Jun 29, 2021 10:28:42 AM

New global cases of Covid-19 have fallen below the March lows and in many advanced economies, rapid vaccination programmes have allowed economies...

A shift to a new policy regime with much higher and more volatile inflation is a possibility that can’t be ignored due to its impact on the...