As markets have come roaring back from the recent growth scare, Group Chief Economist Neil Shearing talks to Jennifer McKeown, Capital Economics’ Chief Global Economist, about the true state of the global economy and the outlook for policy.  Their discussion takes in the latest activity data from across the US, UK, Europe and China, as well as the signals from recent inflation reports, to assess the chances of soft landings and how far central banks – with the Bank of Japan being the notable exception – will go to cut interest rates. Referenced in this episode: Central Bank Hub - Our one-stop-shop guide to global monetary policyGlobal imbalances will continue to fuel fracturing - In-depth report on the new global economic fault line