I am a trained Macroeconomist, and as such, I enjoy writing on a range of topics in this field. Global macro regimes, short and long term determinants of commodities prices, the impact of technology and geopolitics on markets, as well as developments with regard to the economic trajectory of my country all fall under this section’s coverage. Articles are written in English or exceptionally in French, again, for audience purposes.
In a tense climate where market actors are holding their breath before every inflation data print or Fed/ECB meeting, distressed fiscal levers in the US, and uncertainty flooding the minds and models of forecasters, there is a persistent question mark over the soundness of the financial and banking sector worldwide. This article will shed light…
Au cours des dernières semaines, une série d’événements et de réactions autour de la décision de Bank Al Maghrib d’augmenter à nouveau le taux directeur de 50 points de base pour le porter à 3 % a donné une nouvelle impulsion au débat sur l’inflation. Cet article vise à faire le bilan des différents points…
During the past weeks, a series of events and reactions revolving around Bank Al Maghrib’s decision to further increase policy rate by 50 bps to 3% provided the ongoing inflation debate with another pulse of traction. This article aims to take stock of the different views expressed and to lay out explanatory frameworks to envision…
The following is an expression of my views. It is not a proper economic analysis. At best, it is an informed opinion. Since mid-Q2 2021, inflation has definitely stolen the award of most trending topic among economic policymakers and market participants and observers all over the globe. As a consequence, during summer or early in…