Recession-Hard/Soft Landing
Falling inflation enables central banks to pause rate hikes, which is good news. But time goes on. Restrictive monetary policy, Chinese debt-deflation, energy supply shocks, US and global policy uncertainty, and extreme geopolitical risks will undermine hopes of a soft landing and beautiful disinflation.
Cooling Down…
BoC: One Decision At A Time…
Lower Food Prices Support The Disinflation Process…
UK Jobs Market Faces Lingering Inflationary Pressures…
US Small Business Optimism Slowly Recovers…
Further US Goods Disinflation Ahead…
Eurozone Investors Are (More) Pessimistic…
US Fiscal Policy: Gridlocked…
US Hiring Slows, Yet Wage Growth Remains Strong…