- In one line: Modest January pressures offer little relief to a challenging inflation outlook.
Andrés Abadía (Chief LatAm Economist)Global
- US - Stabilizing jobs numbers remove the need for near-term Fed easing
- EUROZONE - Another day, another tariff threat, this time on steel and aluminium
- UK - Focus on hawkish forecasts rather than two votes for a 50bp cut
- CHINA+ - China’s holiday spending is robust, but it won’t last
- EM ASIA - Malhotra’s RBI debut was both no shock and unexpectedly reassuring
LATAM - Banxico accelerates easing, but US policy will influence the outlook
Ian Shepherdson (Chief Economist, Chairman and Founder)Global
- In one line: A larger cut; improving inflation outlook allows for bolder action.
Andrés Abadía (Chief LatAm Economist)Global
- In one line: A good start to the year, supporting further policy normalisation.
Andrés Abadía (Chief LatAm Economist)Global
- In one line: Inflation spikes in January, driven by electricity tariffs.
Andrés Abadía (Chief LatAm Economist)Global
- In one line: The first cut is finally here; expect at least one more by mid-year.
Miguel Chanco (Chief EM Asia Economist)Global
- US - A growth slowdown looms, as the saving rate rebounds
- EUROZONE - The ECB can’t dodge questions on the neutral rate for much longer
- UK - MPC preview: 25bp cut, guiding to three-to-four reductions in 2025
- CHINA+ - DeepSeek puts Chinese AI on the map; a wake-up call for investors
- EM ASIA - New headwinds amid green shoots; PH won’t do much better in 2025
- LATAM - Mexico, Colombia: mixed inflation signals amid rate cut prospects
Ian Shepherdson (Chief Economist, Chairman and Founder)Global
- Pre-tariff upturn probably will be fleeting.
Oliver Allen (Senior US Economist)Global
- In one line: The recovery continues, and expect further good news in Q1.
Andrés Abadía (Chief LatAm Economist)Global
In one line: Hot, but all eyes on tariffs this morning.
Claus Vistesen (Chief Eurozone Economist)Global
- In one line: A huge, albeit temporary, gift from the new government.
Miguel Chanco (Chief EM Asia Economist)Global
- In one line: Not the best of starts to 2025.
Miguel Chanco (Chief EM Asia Economist)Global
- In one line: On hold, as uncertainty has increased substantially.
Andrés Abadía (Chief LatAm Economist)Global
In one line: No signal on the level of the neutral rate.
Melanie Debono (Senior Eurozone Economist)Global
- In one line: A terrible end to the year, and downside risks have increased.
Andrés Abadía (Chief LatAm Economist)Global
- In one line: Another bold rate hike and a continued hawkish stance.
Andrés Abadía (Chief LatAm Economist)Global
- In one line: On hold due to increased uncertainty.
Andrés Abadía (Chief LatAm Economist)Global
- US - The idea of a post-election “vibes” shift is unsupported by surveys
- EUROZONE - Our highlights in a busy week: 25bp ECB cut and soft Q4 GDP data
- UK - Speaking less but saying more; MPC speech frequency declining
- CHINA+ - Surprise fall in China’s PMIs signals recovery is far from assured
- EM ASIA - India’s January PMIs a reality check for a still-rosy consensus
- LATAM - Persistent inflation pressures in Brazil; Mexico’s recovery falters
Ian Shepherdson (Chief Economist, Chairman and Founder)Global
- In one line: Under pressure, and threats abound.
Andrés Abadía (Chief LatAm Economist)Global
