Economists from J.P. Morgan Global Research offer their analysis on the economic data, macro trends and monetary and fiscal policy impacting the world today.
Episodes
Thursday Aug 24, 2023
Thursday Aug 24, 2023
Nora Szentivanyi and Greg Fuzesi discuss the latest global inflation developments and how the incoming data are shaping our views. Core goods disinflation gathered steam in July on the back of manufacturing sector weakness, fading supply chain bottlenecks and excess China supply. Services inflation remains stickier and generally still above CB comfort zones. In the Euro area, we look for another relatively firm 0.36%m/m sa core HICP gain but now see the ECB on hold in September. With the Fed on hold, a number of EM CBs are set to keep easing in response to significant cooling in core inflation.
Speakers:
Nora Szentivanyi, Global Economic Research
Greg Fuzesi, European Economic and Policy Research
This podcast was recorded on August 24, 2023.
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