Executive Summary The ongoing trade war between the US and China continues to be flagged as a key downside risk to global growth, with the IMF revising its global growth forecast to a post-recession low of 3.2% for 2019. The World Bank is more bearish, with a global growth estimate of 2.6% [...]
Executive Summary Policymakers from the Fed to the ECB believe that a key risk to the global economy is the uncertain trade conditions being stoked by the US and China. The Fed has come under increasing criticism from President Trump to ease policy as fast as his DM peers, while the ECB [...]
https://www.youtube.com/watch?v=UgdC1apYxzE #NCIBGraduates share exciting highlights of their daily lives at Nedbank CIB and how they got their start. They also touch on the support they receive from leadership to reach their goals and realise our collective vision. Keep following @NedbankCIB on Twitter and LinkedIn for updates on when applications for our graduate programme [...]
Executive Summary The IMF reduced its global growth forecasts yet again in July, with growth of 3.2% expected in 2019, and 3.5% forecast for 2020 (both down 10bps since April). The most significant downward revisions to the growth outlook were seen in the EM space: Russia, Brazil, Mexico, and SA saw a cumulative 290bps [...]
Executive Summary The World Bank reduced its growth forecasts in June due to the trade conflict between the US and China – between them, the two countries account for more than a third of global economic activity. Global growth is now forecast at just 2.6% for 2019 from 2.9% previously forecast. The [...]
Executive Summary Last month, we noted an uptick in headline global inflationary pressures that was not mirrored by a rise in core or underlying inflation.However, core inflation edged higher in April in both the US and the Eurozone, while core CPI in the UK remained elevated.The Easter holiday shopping season played a [...]