After peaking in the summer of 2022, inflation in the United States has fallen back sharply. Despite the fact that disinflation is now well underway, previous episodes in our series have highlighted the fact that the US economy has not yet returned to the softness of 2 % inflation...
In the US, final numbers on GDP growth, jobless claims, core PCE prices, home sales and sentiment will contribute to giving a fuller picture of the Goldilocks environment.
Consumer and business confidence surveys are due in the Euro Area, and fresh inflation numbers for France, Spain and Italy will give early insights into price trends in March.
Despite constraints on both their human and financial capital, Small- and Mid-Sized companies (SMIDs) share similar business ambitions with their larger counterparts while competing for the same talent. They need talent to fuel their growth, yet that rapid growth can strain employees. Attracting and retaining talent, while simultaneously maintaining workforce productivity, poses a challenge.
The transatlantic debate on central banks’ monetary policy has evolved to being just a question of timing and magnitude as the odds remain undoubtedly in favour of a soft landing.
Since the market has incorporated the fact that there would be fewer rate cuts by the Federal Reserve and they would probably come later than expected at the end of 2023, core equity indices have continued to perform well in Northern America and Western Europe.
Investors will closely monitor the Federal Reserve's decision and communication regarding potential rate cuts, particularly in light of last week's high inflation data.
Also the Bank of Japan and the Bank of England will hold meetings. While not much is expected from the UK, the BoJ is at the crossroads with some hawkish comments from BoJ officials and inflation and Yield Curve Control data.