Global PMIs Point to a Pedestrian Pace of Growth in 2019

Global Drivers in 2019: Baseline Is Decent Growth but Considerable Downside Risks Exist

Global Economy: Synchronised Growth Turns into Easing

Global PMIs: Fiscal Policy to Take Lead Should Growth Decelerate Sharply

Global PMIs: Spillover of Global Demand into Trade Activity Weakens

Economist, Centennial Asia Advisors

Jason Tan

Economist

Centennial Asia Advisors

At Centennial Asia Advisors, we tell it like it is. We have no vested interests, no need for a China wall, and no reason to skew our outlook any other way. With over 30 years experience covering Asia’s political economy, you can be sure our conclusions and analyses are based on the unadulterated facts. Through years of fine-tuning our research methodologies, we deliver a quality of macroeconomic analysis few other houses can match.

Centennial Asia Advisors is an independent research and advisory firm that works with governments, multilateral institutions, financial firms and leading MNCs.

Economic Policy and Strategic Advisors

Macroeconomics

<p>While a Dec 18 rate hike seem a foregone conclusion, the US Fed could be taking a dovish turn, according to the latest utterances by Fed Chair Powell, prompted by low inflation and decelerating growth. We think a potential pause or slowdown of the hiking cycle in 2019 could foment greater risks for the US but could also provide a short-term measure of relief for emerging markets.</p>

While a Dec 18 rate hike seem a foregone conclusion, the US Fed could be taking a dovish turn, according to the latest utterances by Fed Chair Powell, prompted by low inflation and decelerating growth. We think a potential pause or slowdown of the hiking cycle in 2019 could foment greater risks for the US but could also provide a short-term measure of relief for emerging markets.

US: Fed Runs the Risk of Falling Behind the Curve; but Emerging Markets May Breathe Easier