In today’s briefing:
- Global Economic Outlook: Facing a Growing Plethora of Concerns
Global Economic Outlook: Facing a Growing Plethora of Concerns
- US and Eurozone economic outlooks have been muddied by recent US yield curve inversion and potential energy rationing. China’s COVID-19 lockdowns are impacting economic activity, undermining the government’s growth target.
- Asia faces rising inflation pressures due to stronger higher energy prices. Food also poses a significant threat to consumer prices in Asia due to higher weightings within CPI baskets.
- The yen has weakened in 2022, an outcome that presaged Asia’s late-1990s financial crisis. Further depreciation could provoke responses by China and other ASEAN countries to devalue their currencies.
Before it’s here, it’s on Smartkarma
