report October 20, 2020 Historically low inflation is a global phenomenon It is not just confined to the advanced economies Inflation in emerging market and developing economies 1. Inflation fell to extraordinarily low levels in the emerging and developing (EMD) economies in the early stages of the pandemic, be... Become... By John Llewellyn, Llewellyn Consulting Llewellyn Consulting
report September 30, 2020 Chart of the month – Europe – Change in the fiscal stance Europe’s recovery requires that fiscal policy not be tightened prematurely … that the mistakes of the post Global Financial Crisis period be avoided Fiscal policy worldwide has been expanded extraordinarily in response to the pandemic Support to incomes... By Russell Jones Llewellyn Consulting
report August 26, 2020 Household balance sheets will deteriorate as joblessness rises This stands to feed back negatively on the financial sector 1. Consumer credit write-offs typically rise with unemployment. − Interesting data from the Bank of England show that each 1-point rise in ... Become a member to read the... By Russell Jones Llewellyn Consulting