Macro Series February 15, 2021 Key Developments & Chart of the week Economics, Global, Macro Inflation Preston Llewellyn The virus still drives G7 GDP, while the US and China record no significant inflation. Outcome <td... Read More...
Macro Series February 12, 2021 Global Letter: Rising US inflation concerns Economics, Macro Inflation Silja Sepping, John Llewellyn Markets are starting to fret: it is a close call, but we are slightly more sanguine. Inflation is now back on many minds. And this matters because, as go inflation expectations, so go bond yields, and thence... Read More...
The Week at a Glance January 11, 2021 Argentina: Price Administration is the Name of the Game Economics, Argentina, Emerging Markets Inflation Alejandro Giacoia, Andrés Borenstein, Miguel Zielonka, Lorena Giorgio, Rafael Aguilar, Isaías Marini Minister Guzmán’s orthodox turn in early December crashed with politics. Since Cristina Kirchner’s speech in La Plata, many things have changed in the government’s economic approach. Perhaps the most important is the arsenal of tools to fight inflation.… <a... Read More...
The Week at a Glance December 10, 2020 Argentina: Deficit and inflation in 2021 Economics, Argentina, Emerging Markets deficit, editorial, Inflation Andrés Borenstein, Miguel A. Kiguel, Lorena Giorgio, Rafael Aguilar, Isaías Marini The monthly survey of market expectations carried out by the Central Bank among 42 economic teams revealed that the median of the responses is 50% inflation for next year. If the most optimistic and pessimistic 10% are excluded from... Read More...
Macro Series November 17, 2020 Comment: The importance of inflation expectations Economics, Global Inflation Russell Jones Inflation has been under control for several decades and is historically low. But opinion is now divided: some fear enduring ‘lowflation’; others price instability. Much will depend on the future dynamics of inflation expectations.… Read the rest... Read More...
Chart of the month October 20, 2020 Historically low inflation is a global phenomenon Economics, Emerging Markets, G7, Global editorial, Inflation John Llewellyn, Llewellyn Consulting It is not just confined to the advanced economies Inflation in emerging market and developing economies <img width="665" height="446" src="https://i2.wp.com/speevr.com/wp-content/uploads/2020/10/image.png?resize=665%2C446&ssl=1" alt="Historically low inflation is a global phenomenon 5" class="wp-image-28148" srcset="https://i2.wp.com/speevr.com/wp-content/uploads/2020/10/image.png?w=665&ssl=1 665w, https://i2.wp.com/speevr.com/wp-content/uploads/2020/10/image.png?resize=300%2C201&ssl=1 300w" sizes="(max-width: 665px) 100vw, 665px" title="Historically low... Read More...
September 6, 2019 Russian Macro – Falling Inflation to Pull Key Rate Down Economics, Emerging Markets, Russia Russia Inflation, Inflation Alexander Kudrin, Evgeny Gavrilenkov Press play to listen Rosstat reported that the YTD inflation reached 2.4% as of September 2, which is already lower than the cumulative inflation over... Read More...
January 15, 2020 Macro Series – Comment – Overstretched: pushing the boundary of central bank policy Global, Macro, Politics QE, Inflation, Interest Rates, Central Banks, Monetary Policy Russell Jones <div... Read More...
February 18, 2020 Macro Series – Comment – Lowlife: the dynamics of rock bottom bond yields Global, Macro, Politics QE, Low Yields, Inflation, Interest Rates, Monetary Policy Russell Jones <div... Read More...
