In one line: If Mr. Powell is Santa, Ms. Lagarde is the Grinch.
Claus Vistesen (Chief Eurozone Economist)Global
In one line: Few signs of a shift in the guidance on rates, yet. QT will accelerate in H2-24.
Claus Vistesen (Chief Eurozone Economist)Global
In one line: Continued hawkishness suggests May still is the earliest plausible date for the first rate cut.
Samuel TombsGlobal
- In one line: A 50bp rate cut, as expected.
Andrés Abadía (Chief LatAm Economist)Global
In one line: A clear dovish shift; rate cuts are next.
Melanie Debono (Senior Eurozone Economist)Global
- In one line: The next move is a cut, and could come as early as Q1.
Miguel Chanco (Chief EM Asia Economist)Global
- In one line: The worst of the recent food price surge is over; Diwali calendar effects flatter October IP massively.
Miguel Chanco (Chief EM Asia Economist)Global
- U.S. - The FOMC will Push Back Against Talk of Near-Term Easing
- EUROZONE- The ECB Will Lower its Inflation Forecasts This Week, but How Far?
- U.K. - MPC Unlikely to Endorse the Decline in Rate Expectations Just Yet
- CHINA+ - Japan’s Downward GDP Revision Reflects Weak Private Consumption
- EM ASIA - Pushing Our Call for the First RBI Rate Cut to April
- LATAM - Brazil’s GDP Growth Is Weakening, and the Near-Term Outlook Is Dim
Ian Shepherdson (Chief Economist, Chairman and Founder)Global
- In one line: Still not showing any appetite for normalisation.
Miguel Chanco (Chief EM Asia Economist)Global
- In one line: Core inflation continues to fall.
Andrés Abadía (Chief LatAm Economist)Global
- In one line: Surprisingly resilient, but high interest rates are now a drag.
Andrés Abadía (Chief LatAm Economist)Global
In one line: Upward revision not a game changer.
Melanie Debono (Senior Eurozone Economist)Global
- U.S. - Chair Powell’s Optionality Line is Nominal, Not Real; they’re Done
- EUROZONE- The ECB’s Hawkish Stance on Interest Rates is About to Change
- U.K. - BRC and Eurozone Data Suggest CPI Inflation Fell Again in November
- CHINA+ - Chinese Manufacturing Reports Weakening Demand
- EM ASIA - Make What You Will of India’s Absurd Q3 GDP... We’re Not Moved
- LATAM - An Inflection Point, Though Anaemic, for the Chilean Economy
Ian Shepherdson (Chief Economist, Chairman and Founder)Global
- In one line: A poor start to Q4, due chiefly to plunging mining activity.
Andrés Abadía (Chief LatAm Economist)Global
In one line: Depressed, but the second derivative is turning.
Claus Vistesen (Chief Eurozone Economist)Global
- In one line: Adverse food price base effects will now unwind.
Miguel Chanco (Chief EM Asia Economist)Global
- In one line: Only a small respite in November.
Miguel Chanco (Chief EM Asia Economist)Global
In one line: ECB hawks are about to eat humble pie.
Claus Vistesen (Chief Eurozone Economist)Global
