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After expanding strongly in Q2, global GDP growth slowed in Q3 in response to the Delta disruption and ongoing supply chain problems.
We have cut our global GDP growth forecasts again, and now have reduced our 2021 estimate by a total of 0.7pp since June in response to the spread of...
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...
Technical factors will push inflation up in the short-term and the fallout from the pandemic will raise inflation risks further out. But on balance...
The latest US and China inflation numbers have been shrugged off by markets despite being a bit higher than expected. While we still think that talk...
Strong CPI figures in the US have intensified the debate about the inflation outlook, especially in the context of soaring commodity prices. In...
We think that recent inflation surprises are not evidence of a regime shift in price-setting behaviour. But the path for inflation over the next few...
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