INFLATION

GLOBAL & REGIONAL DAILY (Monday 8 February, 2021)

GLOBAL & REGIONAL DAILY (Monday 8 February, 2021)

GLOBAL & REGIONAL DAILY

HIGHLIGHTS

February 8 2021

Global Markets

Risk-on sentiment remained intact, amid increased optimism for additional US fiscal stimulus. Against this background, oil prices remained in an upward trend, with Brent crude moving above $60/bbl for the first time in a year. In FX markets, the EUR/USD firmed, moving back close to 1.2050, thanks to a lower than expected increase of 49k in US January non-farm payrolls.

Greece

The...

https://allaboutshipping.co.uk/2021/02/08/global-regional-daily-monday-8-february-2021/

How Germany can lead Europe’s post-Covid recovery, Fed must hold firm in face of inflation

How Germany can lead Europe’s post-Covid recovery, Fed must hold firm in face of inflation

Thursday 4 February 2021 – Vol.12 Ed.5.4

Commentary: Germany can lead Europe’s recovery

By Ludger Schuknecht in Frankfurt

Germany and the rest of Europe know all too well that only strong economies and finances will ensure respect and success in the world. Both Germany and Europe have benefitted from its ‘anchor’ role in the continent and push for prudent policies. This has helped the euro area’s credibility...

https://allaboutshipping.co.uk/2021/02/04/how-germany-can-lead-europes-post-covid-recovery-fed-must-hold-firm-in-face-of-inflation/

Outlook 2021: Why the era of low inflation could last for 50 years, European Commission competition policy in Covid-19 recovery

Outlook 2021: Why the era of low inflation could last for 50 years, European Commission competition policy in Covid-19 recovery

Friday 15 January 2021 – Vol.12 Ed.2.5

Outlook 2021: Why low inflation could last 50 years

By Meghnad Desai in London

Covid-19 has upended traditional economic thinking in a way that was even harder to anticipate than the virus itself. Economists were not prepared for a simultaneous supply and demand shock, alongside a deep fall in income and employment. The old rules no...

https://allaboutshipping.co.uk/2021/01/15/outlook-2021-why-the-era-of-low-inflation-could-last-for-50-years-european-commission-competition-policy-in-covid-19-recovery/

‘Two degrees’ overtaking ‘2% inflation’, Brazil’s economic outlook and challenges ahead

‘Two degrees’ overtaking ‘2% inflation’, Brazil’s economic outlook and challenges ahead

Tuesday 5 November 2019  –   Vol.10 Ed.45.1

Commentary: ‘Two degrees’ overtaking ‘2% inflation’

By Gary Smith and Danae Kyriakopoulou

The climate change agenda supports the argument that two degrees Celsius will become a more important figure for central banks than 2% consumer price inflation. As regulators of the financial system, and as institutions with a broad range of instruments at their disposal, central...

http://www.allaboutshipping.co.uk/2019/11/05/two-degrees-overtaking-2-inflation-brazils-economic-outlook-and-challenges-ahead/

Daily Overview of Global Markets & the SEE Region (Tuesday, 7 May, 2019)

Daily Overview of Global Markets & the SEE Region (Tuesday, 7 May, 2019)

HIGHLIGHTS

WORLD ECONOMIC & MARKET DEVELOPMENTS

GLOBAL MARKETS:   Asian equity markets recovered part of Monday’s losses in today‘s session, but European bourses opened lower amid renewed uncertainty over the outcome of the US/China trade talks. In spite of the US President’s tariff threats, Chinese Foreign Minister Spokesman Geng Shuang commented on Monday that the Chinese delegation is preparing to travel to the US for...

http://www.allaboutshipping.co.uk/2019/05/07/daily-overview-of-global-markets-the-see-region-tuesday-7-may-2019/

Fed to rethink inflation expectations, OMFIF-World Trade Organisation seminar

Commentary: Fed to rethink inflation expectations

By Darrell Delamaide in Washington

The Federal Open Market Committee is moving closer to consensus on exceeding its 2% inflation target to make up for the long period of inflation below that goal. Fed Chair Jerome Powell argued that inflation expectations were anchored too low and the Fed needs to raise them to keep the inflation target credible.

John Williams, vice-chair of the FOMC, noted that inflation has averaged only 1.8% over the past 25...

http://www.allaboutshipping.co.uk/2019/03/07/fed-to-rethink-inflation-expectations-omfif-world-trade-organisation-seminar/

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