Jackson Hole: Without inflationary pressures on the horizon

Joachim Fels, Morgan Stanley’s Chief Global Economist, insists that Yellen, Draghi and Kuroda will continue to support macro data. “The thesis that we are in one of the longest recovery cycles of history continues.”

Specifically, Morgan Stanley analysts expect a message more “dovish” for Jackson Hole on Thursday. “The ECB has again consider new stimulus measures after the recent GDP data in the Eurozone (+0.1% vs +0.3% in 2Q) and Kuroda should announce a new easing program in October.”

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The Corner
The Corner has a team of on-the-ground reporters in capital cities ranging from New York to Beijing. Their stories are edited by the teams at the Spanish magazine Consejeros (for members of companies’ boards of directors) and at the stock market news site Consenso Del Mercado (market consensus). They have worked in economics and communication for over 25 years.

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