Pantheon Publications
Below is a list of our Publications for the last 6 months. If you are looking for reports older than 6 months please email info@pantheonmacro.com, or contact your account rep.
Please use the filters on the right to search for a specific date or topic.
In one line: Avoided a technical recession, just.
Melanie Debono (Senior Eurozone Economist)Eurozone
- The BoJ announced another change to make itsyield curve control policy more flexible yesterday.
- The switch to a soft "reference" target, from a hard cap, is likely to lead investors to test the BoJ.
- The Bank is likely to hold the line, just, until U.S. yields fall next year, relieving pressure on the JPY.
Duncan WrigleyChina+
- The Fed will stick to its position today that policy optionality is still required; inflation not yet beaten.
- ISM manufacturing has likely stalled; the modest uptick in the sector has run into the spike in rates.
- Auto sales probably rose marginally in October, but the overall trend is about flat.
Ian Shepherdson (Chief Economist, Chairman and Founder)US
- EZ inflation plunged in October, but energy inflation will snap back in November and December.
- We still see a much quicker fall in core inflation than the ECB between now and March.
- GDP in the Eurozone fell slightly in Q3, and we look for another poor quarter in Q4, with zero growth.
Claus Vistesen (Chief Eurozone Economist)Eurozone
- CPI inflation likely fell sharply in October, driven chiefly by the energy component...
- ...but BRC and Eurozone data are consistent with further declines in food and core goods CPI inflation too.
- Our headline rate forecast, 4.6%, is 0.3pp below the MPC’s, but is subject to revision as more data come in.
UK