Latest Fiscal policy Podcast Episodes
Is the UK now an island of political stability?
Macro Bytes - July 10, 2024 14:00 - 28 minutesThe UK general election delivered a large Labour majority, while the French second round vote has resulted in a fragmented parliament and in the US, President Biden’s grip on the Democratic nomination may be slipping. Paul Diggle and Luke Bartholomew are joined by Lizzy Galbraith to discuss wh...
Is France now a member of the Euro periphery?
Macro Bytes - June 27, 2024 15:00 - 33 minutesFrance is heading to the polls in snap election, and markets are concerned about a potential large fiscal expansion. Paul and Luke speak to Lizzy Galbraith and Felix Feather about why Macron’s gamble doesn’t seem to be paying off, the chances that the next government enacts a large fiscal expans...
Why are Chinese electric vehicles disrupting the global economy?
Macro Bytes - June 13, 2024 11:00 - 31 minutesChina has become a global EV superpower in very short order, with major macroeconomic repercussions. Paul Diggle and Luke Bartholomew talk to Lizzy Galbraith and Robert Gilhooly about how China overtook the US as the world’s pre-eminent manufacturer of electric vehicles, the ways in which this i...
What would a Labour government mean for the UK economy?
Macro Bytes - May 31, 2024 13:00 - 30 minutesThe snap UK general election on July 4th is very likely to result in a Labour government. Paul Diggle and Luke Bartholomew talk to Lizzy Galbraith about what this might mean for the economy – from fiscal policy and planning reform, to green industrial policy and the approach to the EU.
America’s dollar, the world’s problem?
Macro Bytes - May 17, 2024 09:00 - 24 minutesThe US dollar is different to every other currency. The dollar is the global reserve asset, and its dominant status means dollar strength has important global spillovers. Paul and Luke discuss why the dollar has been appreciating recently, why this matters, how the dollar became so important, th...
Is globalisation going into reverse, or just changing?
Macro Bytes - May 02, 2024 11:00 - 33 minutesThe traditional trade engine of globalisation has stalled or is even heading into reverse. But the globalisation of information, capital and people is still powering on. Nevertheless, even these aspects of globalisation are facing an increasingly hostile political and policy environment, includi...
How should investors navigate economic and political uncertainty?
Macro Bytes - April 18, 2024 07:00 - 25 minutesThe global macroeconomic and geopolitical environment is filled with risks around inflation, interest rates, and instability in the Middle East. Paul Diggle and Luke Bartholomew discuss how scenario analysis can help investors to navigate uncertainty. They also consider the Bernanke review of th...
Will the Bank of Japan hike interest rates again before the Federal Reserve cuts?
Macro Bytes - April 09, 2024 11:00 - 34 minutesThe Bank of Japan has taken the historic step of ending negative interest rates and may hike further. Meanwhile, the US Federal Reserve seems to be approaching rate cuts, but an economic “no landing” could delay this. Paul Diggle and Luke Bartholomew speak to Sree Kochugovindan and James McCann ...
Are we in a more volatile world for inflation?
Macro Bytes - March 21, 2024 14:00 - 24 minutesThe ‘great inflation’ saw not only price growth, but also inflation volatility, spike higher. And even as inflation itself has fallen back more recently, inflation volatility has remained elevated. Paul Diggle and Luke Bartholomew discuss why structural changes in the global economy, stalling gl...
Will China hit its new growth target?
Macro Bytes - March 07, 2024 16:00 - 27 minutesChina has just announced a GDP target of “around 5%” for 2024. Paul Diggle and Luke Bartholomew speak to Robert Gilhooly, senior emerging market economist at abrdn, about the challenges and opportunities facing the Chinese economy.
Will the last mile of inflation be the hardest?
Macro Bytes - February 22, 2024 14:00 - 33 minutesUS inflation picked up in January, and there are lingering concerns that the “last mile” of bringing inflation back to target will be the most difficult. Paul Diggle and Luke Bartholomew talk to James McCann about the drivers of US inflation, the positive supply-side shocks that made the initia...
What's been holding the German economy back?
Macro Bytes - February 09, 2024 11:00 - 23 minutesThe Eurozone economy is stagnating and the German economy in particular is facing significant cyclical and structural headwinds. We discuss why.
What’s at stake in 2024’s many elections?
Macro Bytes - January 26, 2024 09:00 - 22 minutesA majority of the global population are heading to the polls this year, bookended by Taiwan just gone and the US in November. Paul Diggle and Luke Bartholomew are joined by Lizzy Galbraith, Political Economist at abrdn, to discuss what is at stake for economies and markets. Overarching all these...
Is India the next Asian tiger?
Macro Bytes - January 11, 2024 13:00 - 28 minutesIndia was the fastest-growing major economy last year, and overhauled China as the most populous country. Paul and Luke discuss prospects for the Indian economy with Michael Langham, Emerging Markets Analyst at abrdn. They talk about India’s demographic tailwinds, its infrastructure needs, wheth...
Macro questions for 2024
Macro Bytes - December 14, 2023 15:00 - 22 minutesabrdn’s economics team ask and answer the crucial economic, political and market questions investors have for 2024. These include the path of inflation, the outlook for US, China and Eurozone growth, the likely pace of interest rate cuts, the impact of a possible Trump presidency, and the potent...
Is Japan leaving behind the lost decades?
Macro Bytes - November 29, 2023 12:00 - 24 minutesPaul and Luke talk to Sree Kochugovindan, Senior Economist at abrdn, about the return of inflation to Japan, and the outlook for Bank of Japan monetary policy as a response. Negative interest rates and yield curve control could end in 2024, if wage growth and inflation expectations continue movi...
How could conflict in the Middle East effect the global economy?
Macro Bytes - November 13, 2023 12:00 - 26 minutesPaul and Luke are joined by Lizzy Galbraith, political economist, to discuss the transmission channels from the conflict between Israel and Hamas into the global economy. They focus on geopolitical risk premia, energy markets, and the potential global inflation and central bank consequences of s...
How could conflict in the Middle East affect the global economy?
Macro Bytes - November 13, 2023 12:00 - 26 minutesPaul and Luke are joined by Lizzy Galbraith, political economist, to discuss the transmission channels from the conflict between Israel and Hamas into the global economy. They focus on geopolitical risk premia, energy markets, and the potential global inflation and central bank consequences of s...
Why are bond yields rising?
Macro Bytes - November 02, 2023 11:00 - 26 minutesPaul and Luke talk to James McCann, Deputy Chief Economist at abrdn, about the significant rise in global bond yields. They discuss what has driven this increase, and in particular the importance of rising term premia for the economy and monetary policy.
How is AI going to change the economy?
Macro Bytes - October 19, 2023 11:00 - 25 minutesPaul Diggle and Luke Bartholomew discuss the many potential economic impacts of Artificial Intelligence, including on productivity growth, the labour market, sectoral winners and losers, regulation, and global geopolitics.
Why are emerging markets cutting interest rates?
Macro Bytes - October 05, 2023 11:00 - 27 minutesInflation is falling in many EM economies, which is allowing some to cut interest rates well ahead of the US Fed. However, the recent move higher in oil prices, and the impact of El Nino weather patterns on food prices, could derail this improving picture. Paul speaks to Bob Gilhooly, senior EM ...
Are we in a world of permanently higher interest rates?
Macro Bytes - September 26, 2023 13:00 - 38 minutesLuke talks to Lukasz Rachel, Assistant Professor of Economics at UCL, and Bob Gilhooly, Senior Emerging Markets Economist at abrdn, about the long term drivers of interest rates. They discuss the causes of the secular decline in interest rates before the pandemic, whether economic changes wrough...
Is the Fed pulling off a soft landing?
Macro Bytes - September 06, 2023 13:00 - 23 minutesPaul and Luke speak to James McCann, Deputy Chief Economist at abrdn, about the outlook for the US economy. They debate whether the run of strong activity data but moderating inflation means a US soft landing is now more likely than a recession.
What did the Bank of England get wrong? - with Michael Saunders
Macro Bytes - August 30, 2023 11:00 - 29 minutesPaul and Luke speak to Michael Saunders, former external member of the Bank of England’s Monetary Policy Committee, about the UK economy and the Bank’s track record.
Is the UK “stagflation nation”?
Macro Bytes - August 10, 2023 15:00 - 25 minutesPaul and Luke talk to Lizzy Galbraith, Political Economist at abrdn, about the outlook for the UK economy. They discuss recent trends in growth and inflation, how the UK stands against international peers, the political implications of a possible recession, and the fraying of the “green consensu...
Restarting the intangible economy – with Professor Jonathan Haskel
Macro Bytes - June 30, 2023 15:00 - 36 minutesPaul talks to Professor Jonathan Haskel, an external member of the Bank of England’s Monetary Policy Committee and co-author of ‘Restarting the Future: How to fix the intangible economy’, and Sree Kochugovindan, senior economist at abrdn, about the intangible economy. The economy increasingly ...
Chip Wars - The geopolitics of microchips - with Chris Miller
Macro Bytes - June 15, 2023 10:00 - 22 minutesLuke and Paul talk to Chris Miller, academic, historian and author of Chip Wars: The fight for the world’s most critical technology, about the economic and geopolitical importance of semiconductors. They discuss the technological and supply chain marvel that is the modern microchip, whether the ...
Is China’s recovery stalling? – with Jon Anderson
Macro Bytes - June 14, 2023 08:00 - 27 minutesAs China’s re-opening rebound fades, Paul and Luke talk to Jonathan Anderson of Emerging Advisors Group and Robert Gilhooly of abrdn about the Chinese economy. The discuss the prospects for policy easing, the state of local government finances, and internationalisation of the renminbi.
How will the debt ceiling be resolved?
Macro Bytes - May 26, 2023 15:00 - 31 minutesThe US is facing another debt ceiling stand-off, with very high stakes for the economy and markets. Paul and Luke talk to James McCann, Deputy Chief Economist at abrdn, and Lizzy Galbraith, Political Economist, about the current impasse and how it could be resolved. They discuss the history of t...
Why Asia is winning the race for global growth
Macro Bytes - May 18, 2023 08:00 - 22 minutesLuke and Paul talk to Robert Gilhooly, Senior Emerging Markets Economist at abrdn, about the drivers of global growth out to 2050. They discuss demographics, and why it is not always destiny, migration, urbanisation, the risks of the middle-income trap, and Asia’s growing share of the global eco...
Related Fiscal policy Topics
- Economics 2
- Monetary policy 2
- Stocks 2