To pivot or not to pivot?

The week of central bank decisions highlighted the range of dilemmas faced by policymakers at this stage of their tightening cycles. Group Chief Economist Neil Shearing reviews the outcomes to explain what lies ahead.

Show Notes

A slew of central bank decisions last week highlighted a range of policy dilemmas at this stage of the tightening cycle, from the impact of higher rates on teetering housing markets to the threat that even hints of a slower pace of hikes triggers a market stampede back into risky assets. In this episode of The Weekly Briefing, Group Chief Economist Neil Shearing sifts through the outcomes of the meetings to explain how policymakers are coping with the challenge. Plus, as COP27 kicks off in Sharm El Sheikh, David Oxley, the head of our new Climate Economics coverage, explains why multilateral efforts such as these aren't the answer to containing the rise in global temperatures. 

What is The Weekly Briefing from Capital Economics?

Capital Economics, a world leading provider of macroeconomic insight, presents The Weekly Briefing – the show with all you need to know about what's happening in the global economy and markets. From the Fed's next decision to China's slowdown to moves in equities, bonds and FX, each week, our team of economists take apart the big economic and market stories and highlight the issues that investors should be paying more attention to.