Marcel Thieliant is Capital Economics’ Head of Asia Pacific. Marcel runs our Australia and New Zealand Service as well as our Japan Service from our Singapore office. Marcel joined Capital Economics in June 2013. Previously he worked for six years at Credit Suisse Private Bank, covering Asian and European economies. He has a Master’s degree in Economics from the University of St. Gallen and is a CFA charterholder. Focus Economics named Marcel the #1 Overall Forecaster for both Australia and New Zealand in 2020 and again in 2021. Marcel also won the Consensus Economics 2020 Forecast Accuracy Award for Australia and the Consensus Economics 2019 Forecast Accuracy Award for New Zealand.
Australia & New Zealand Economic Outlook
Downturn will prompt policy easing next year
Both economies have dodged a recession so far, but we still consider it more likely than not that output will shrink across the second half of the year. With inflation softening and labour markets...
Australia & New Zealand Economics Weekly
Higher energy inflation won’t prompt further rate hikes
The recent jump in crude oil prices will lift headline inflation in Australia, but we doubt it will have much bearing on underlying inflation. Accordingly, we still think that the RBA's next move will...
Asia Drop-in: Japan Special – Will the Bank of Japan finally abandon easy policy?
28th September 2023, 8AM BST
It’s a sign of our inflationary times that even the Bank of Japan could soon consider raising interest rates in what would be the first such move in 16 years. But how supportive are conditions for a…