Pantheon Publications

January 2024 - China+ Chartbook

• - CHINA WILL STAY THE COURSE, DESPITE SLOWING GROWTH
• - BOJ IS LASER-FOCUSED ON WAGE NEGOTIATIONS
• - KOREAN EXPORTS SHOULD BENEFIT FROM CHIP UPCYCLE

Duncan WrigleyChina+

January 2024 - EZ Economic Chartbook

THE ECB IS DONE HIKING; WHEN WILL IT CUT?

• ...WE THINK EASING WILL BEGIN IN MARCH

Claus Vistesen (Chief Eurozone Economist)Eurozone

January 2024 - US Economic Chartbook

• RESISTANCE IS CRUMBLING...
  ...THE FED WILL START EASING IN MARCH OR MAY

Ian Shepherdson (Chief Economist, Chairman and Founder)US

December 2023 - U.S. Economic Chartbook

WHEN DO THEY START, AND HOW FAST DO THEY GO?

• ...INFLATION IS BEATEN; RATES ARE A ONE-WAY RIDE

Ian Shepherdson (Chief Economist, Chairman and Founder)US

December 2023 - U.K. Chartbook

CPI INFLATION TO AVERAGE JUST 2.7% IN 2024...

• ...BUT THE MPC WILL WAIT UNTIL MAY TO CUT BANK RATE

Samuel TombsUK

December 2023 - Latin America Chartbook

ECONOMIC ACTIVITY FALTERING AND INFLATION FALLING...

• ...BUT CENTRAL BANKS REMAIN CAUTIOUS, FOR NOW

Andres Abadia (Senior International Economist)Latin America

December 2023 - EZ Economic Chartbook

THE ECB IS DONE HIKING; WHEN WILL IT CUT?

• ...WE THINK EASING WILL BEGIN IN MARCH

Claus Vistesen (Chief Eurozone Economist)Eurozone

December 2023 - Emerging Asia Chartbook

INDIA’S ROSY GDP HEADLINES REMAIN A FARCE

• ...BOT FINALLY PAUSES, WHILE BSP’S HEAD IS M.I.A.

Miguel Chanco (Chief EM Asia Economist)Emerging Asia

December 2023 - China+ Chartbook

• - CHINA PRIORITISES RESTRUCTURING OVER GROWTH
• - FALLING INFLATION SHOULD DELAY BOJ TIGHTENING
• - BOK WORRIED ABOUT HIGH HOUSEHOLD DEBT

Duncan WrigleyChina+

November 2023 - Latin America Chartbook

MONETARY EASING CONTINUES, AS INFLATION FALLS...

• ...THIS WILL PREVENT A PROTRACTED ECONOMIC DOWNTREND

Andres Abadia (Senior International Economist)Latin America

November 2023 - Emerging Asia Chartbook

PUBLIC SPENDING CAN’T RESCUE THE PH LONG TERM

• ...Q3 GDP AND OCTOBER CPI MAKE THE BOT LOOK FOOLISH

Miguel Chanco (Chief EM Asia Economist)Emerging Asia

November 2023 - EZ Economic Chartbook

THE EZ ECONOMY IS SLIPPING INTO RECESSION...

• ...WHEN WILL THE ECB’S MESSAGE SHIFT?

Claus Vistesen (Chief Eurozone Economist)Eurozone

November 2023 - U.K. Chartbook

LARGE FISCAL SQUEEZE STILL PLANNED FOR 2024...

• ...INFLATION WILL FALL FURTHER, TEEING UP A MAY RATE CUT

Samuel TombsUK

November 2023 - China+ Chartbook

• - CHINA USES TARGETED STIMULUS TO PROP UP GROWTH
• - BOJ SIGNALS READINESS TO EXIT EASY POLICY
• - BOK WILL BE LATE TO THE PARTY

Kelvin Lam (Senior China+ Economist)China+

November 2023 - U.S. Economic Chartbook

THE FED IS DONE, AND WILL START EASING IN SPRING...

• ...BUT THE FOMC WON’T ABANDON OPTIONALITY JUST YET

Ian Shepherdson (Chief Economist, Chairman and Founder)US

November 2023 - EZ Economic Chartbook - Early November

EZ GDP IS FALLING, AND INFLATION IS SLIDING

• WILL THE ECB TAKE NOTE?

Claus Vistesen (Chief Eurozone Economist)Eurozone