The unreliability of Labour Force Survey (LFS) estimates has made the job of the BoE more challenging. But the ostensible weakness in the labour market has been exaggerated. The number…
There is little doubt that the Fed has ample room to cut now given the past three months’ CPI data. But the recession narratives surrounding the US economy, and the…
Japan’s Prime Minister Fumio Kishida announced last week that he will be stepping down in September, amid record-low approval ratings. His three-year premiership has been dogged by political scandals. Public…
It didn’t take long for the narrative to change. The labour market and consumer spending data continue to defy the perennial recession forecasters. In truth, concerns over the US consumer…
It is tempting to suggest that the BoJ caved in response to the stock market slump on Monday last week. Shinichi Uchida, Deputy Governor of the BoJ, said in his…
