The global economic recovery undulated during November with evidence of mostly soft GDP growth in Q3 but with stronger monthly economic readings late in Q3 and in October. The promise of renewed strong economic growth, however, came amid signs that higher inflation...
The Australian economy is more than a month into the rebound after the lockdowns in New South Wales, Victoria and the ACT but most of the official economic data releases due over the next 10 days will look backwards to Q3 reflecting the worst of the damage to economic...
Last week we wrote about the shift in monetary policy over recent years from preemptively attacking the first signs of inflation to reacting to inflation once it is established in the data. The shift in policy thinking by central banks came in the latter years of the...
