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Global Data Pod

Business

Global Data Pod Weekender: Well, how did I get here?

2021-10-29

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How transitory the drags are holding back 3Q global GDP and lifting inflation are the central question for the outlook. For now, we see growth picking up this quarter, led by Asia and the US. Next week’s PMIs and US payrolls will be keenly watched. The ECB and BoC bookend the views on the risks around this debate, with the ECB holding firmly to it transitory view and the BoC tempering their commitment. Next week is expected to see the BoE hike under pressure and the Fed to begin tapering, with particular attention given to guidance on inflation and its rate liftoff.

Speakers

Joseph Lupton

Michael Hanson

This communication is provided for information purposes only. Institutional clients please visit www.jpmm.com/research/disclosures for important disclosures. © 2021 JPMorgan Chase & Co. All rights reserved.