Tracking & Nowcasting G3 GDP
Routinely, I update my G3 (US, Japan and Euro Area) real GDP nowcasts for the first-half of this year in view of the latest available inputs.
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Inflation Preoccupation
The gap between CPI and PCE inflation, which is larger than the historical average, can further convolute the ongoing debate in the US.
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The Evolving and Varying Demographic Imprint
The estimated imprint from demographics per se, especially on the advanced economies, is enduring, wide-ranging and potentially challenging.
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Spotlighting “Underlying” Inflation
Arguably, “underlying” or “trend” inflation is a more useful yardstick than the usual headline or core measure for the G3 (US, Japan and Euro Area).
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Are Chair Powell and I on the Same Page?
My weekly FMCI, broadly consistent with the contour of the Board’s monthly financial conditions indicator, may provide a timelier lens on the...
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