Inflation at the Crossroads
The global macro backdrop has grown more unsettled. A stronger-than-expected US jobs report has pushed back Fed easing expectations, a tech sell-off has rattled sentiment, and Middle East instability continues to keep energy markets on edge. In our latest Charts of the Week we examine:
GDP growth forecasts: broad deterioration, with Taiwan the striking exception
Why 2027 inflation forecasts are now drifting above target
The reassuring signal from US unit labour costs
Renewed supply chain stress and the PPI pipeline
Energy costs as a structural constraint, not an exceptional shock
China's…
The skinny
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