Innes McFee

Recent Posts

The current market sell-off should be contained with a strong verbal reiteration of existing forward guidance from central bankers in the coming...

Our inflation baseline is benign. We expect the rise in inflation this year will be transitory, as the dampening forces of weak demand and...

Implications of a vaccine for growth

Posted by Innes McFee on Nov 16, 2020 11:11:53 AM

News of an effective potential vaccine is a significant boost in the fight against Coronavirus, but it doesn’t yet warrant an upgrade to our...

The coronavirus pandemic will lead world GDP to shrink by about 7% in H1 2020, roughly double the scale of contraction seen during the global...

A downside scenario for the global economy

Posted by Innes McFee on Apr 8, 2020 11:18:00 AM

The impact of coronavirus on the global economy has prompted recent revisions to our baseline forecast, which now envisages a 2.8% contraction in...

In recent weeks we have revised down our baseline forecasts as more countries announced draconian policy measures to limit the spread of...