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(1) The US Inflation Outlook: More Than a Bulge (6 min read)
Higher global goods prices, reduced slack and higher inflation expectations point to 3% US inflation in 2022, according to Phil Suttle. Business price expectations are those most important to watch.
(Phil Suttle│22nd April, 2021)
(2) More Fiscal, Less Money: The Forthcoming Rebalancing of the Global Policy Mix (3 min read)
IMF expectations for fiscal consolidation across major economies in 2022 looks unrealistic writes Dominique Dwor Frecaut. The past year has shown issuance can expand with limited short-term market consequences.
(Dominique Dwor-Frecaut│22nd April, 2021)
A Future with High Public Debt: Low-for-Long Is Not Low Forever (IMF Blog, 3 min read)
Russia’s Bear Economy (Project Syndicate, 4 min read)
Ditch the EU’s fiscal rules; develop fiscal standards instead (VoxEU, 5 min read)
Accelerate the UK’s CBDC, beware Britcoin (OMFIF, 2 min read)
(The commentary contained in the above article does not constitute an offer or a solicitation, or a recommendation to implement or liquidate an investment or to carry out any other transaction. It should not be used as a basis for any investment decision or other decision. Any investment decision should be based on appropriate professional advice specific to your needs.)