by Andrew Doherty | Nov 10, 2023 | Insights
Activity is slowing, more volatile and with starkly different characteristics across regions. Growth has surprised on the upside this year, but signs of slowing are becoming more evident. Conditions should be far weaker next year as delayed constraints from higher...
by Andrew Doherty | Aug 7, 2023 | Insights
Global economic activity has held up remarkably well in 2023. Tighter monetary policy has been offset by improving supply chain efficiency as conditions normalise from pandemic and Ukraine war shocks. Interest-rate sensitive spending has been hampered by the...
by Andrew Doherty | May 17, 2023 | Insights
International activity is slowing significantly and is likely to remain subdued in the next several years. To quell demand, monetary policy is likely to be persistently tighter than might have been expected given strength in employment and services, which is less...
by Andrew Doherty | Feb 10, 2023 | Insights
Challenging conditions reflect tightening monetary settings and stubborn inflation. Economic growth is decreasing with mild recessions likely in key regions as the year progresses. Manufacturing and construction are softening significantly given the stimulus-fuelled...
by Andrew Doherty | Nov 11, 2022 | Insights
A global economic slowdown of significance is underway. Rolling recessions are likely in the next eighteen months as key regions are pounded by supply shocks relating to pandemic complications, war in Ukraine and rising interest rates. A more challenged outlook...