David Rees, Senior Emerging Markets Economist at Schroders A key plank of our view on emerging markets (EM) is that steep declines in inflation, in part due to a reversal of food price pressures, would allow central banks to start cutting interest rates this year,...
As a regime shift takes place, the global economy is on the cusp of a decade of higher capitalexpenditure by companies. Smart manufacturers are poised to reap the rewards of this. Capital expenditure (capex) by corporates is proving surprisingly resilient. We think...