Standard Chartered Global Focus

The challenge of two inflations

• We stick with our view about a US recession and a China slowdown this year
• Asset prices are falling. We believe commodity prices will soften, but food prices will remain high.
• These will present significant risks to the global economy, requiring calculated but different policy responses for different economies
• Meanwhile, there has been significant development in northeast Asia, especially across the Taiwan Straits, which could, in the long run, contribute positively to regional growth and economic integration
• Analysis inside on Australia, China, Singapore, Thailand, UAE and the US
• Plus focuses on Asia, Africa, FX and Commodities