Latest Macro Commentary

The Macro Commentaries are based on the FT Blogs by Gavyn Davies.

Macro Commentary

Gavyn Davies' Blog

China bucks the trend with solid activity growth

China bucks the trend with solid activity growth

October 15, 2019
Alternative data trackers suggest the country is...
Can Donald Trump force the Federal Reserve to cut rates?

Can Donald Trump force the Federal Reserve to cut rates?

October 8, 2019
The central bank has been the target...
Entrenched uncertainty is a global problem

Entrenched uncertainty is a global problem

October 1, 2019
It started with Brexit but is now...
Is the Federal Reserve making a mistake on inflation?

Is the Federal Reserve making a mistake on inflation?

September 24, 2019
Upside and downside both have risks and...
How China dodged a trade war recession

How China dodged a trade war recession

September 17, 2019
Tariff shock was offset by devaluation and...
Mario Draghi prepared to pass on the baton at the ECB

Mario Draghi prepared to pass on the baton at the ECB

September 11, 2019
The governor leaves behind a battery of...
Will the Fed want more than ‘insurance cuts’ in interest rates?

Will the Fed want more than ‘insurance cuts’ in interest rates?

July 16, 2019
The FOMC thinks low growth and low...
UK nears recession as Brexit deadline looms

UK nears recession as Brexit deadline looms

July 9, 2019
Business uncertainty is hitting Britain harder than...
World economy still vulnerable despite G20 tariff truce

World economy still vulnerable despite G20 tariff truce

July 2, 2019
Trump-Xi talks neither a saviour nor a...
Should the markets fear a Halloween Brexit?

Should the markets fear a Halloween Brexit?

June 25, 2019
Boris Johnson is more determined than Jeremy...
Should we really be worried about an inverted yield curve?

Should we really be worried about an inverted yield curve?

June 18, 2019
The recession indicator is not perfect but...
The Fed thinks it is 1995 all over again

The Fed thinks it is 1995 all over again

June 11, 2019
Tariffs raise US inflation but the central...