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
Friday Jan 20, 2023
Friday Jan 20, 2023
Having trimmed near-term recession risks recently, this week delivered stronger than expected data from China and a reassessment upward of our European outlook. However, not all is up. Disappointing US retail sales and IP data raise some concerns, but we are inclined to fade this given still-solid fundamentals. Fed speak this week shows growing comfort with 25bp, while hawkish comments from the ECB suggests a longer road to terminal. The BoJ left YCC unchanged as we expected, but disappointed markets.
Speakers:
Joseph Lupton
Michael Hanson
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