Brunello Rosa

Brunello Rosa is CEO and Head of Research at R&R. He is a research fellow of the Department of International Politics and the City Political Economy Research Centre at City, University of London and a research associate at the Systemic Risk Centre of the London School of Economics and Political Science, where he is also a practitioner lecturer in finance for MSc students and in macroeconomics for executive-education professionals. Brunello is an active member of Chatham House (The Royal Institute of International Affairs), the UK’s Institute of Directors, the International Institute of Strategic Studies and the Institute for New Economic Thinking (INET). He contributes to the Research Hub in Finance of the UK's National Institute of Economic and Social Research, for the ESRC programme on Rebuilding Macroeconomics.

Before co-founding this new venture, Brunello served as co-Head of Research and Managing Director for Developed Markets, G10 Rates and Currencies at Roubini Global Economics. Brunello joined RGE from the Bank of England, where he had mainly worked in Markets, in the division that implements monetary policy and provides liquidity insurance. He also briefly served in the Bank’s Financial Stability area and its Centre for Central Banking Studies. Previously, he worked as a macroeconomist and fixed income strategist with a focus on Europe at IDEAglobal, a market intelligence company. In these various capacities, Brunello appeared on Bloomberg, Reuters, CNBC and other TV programmes, and had been quoted by a variety of media outlets. Prior to joining the private sector, he was a research assistant at the Financial Markets Group of the London School of Economics, where he also taught classes in finance. Brunello started his career as a data analyst at the Department of Economics and as a research fellow at Siena University’s Centre for Complex System Studies, where he studied and researched the financial fragility of economic systems.

In 2014, Brunello was awarded a prize by the Italian Chamber of Commerce and Industry in the UK for his "outstanding contributions" to the development of business ties between the UK and Italy. These include his articles and events with Raffaele Cantone, president of Italy's Anti-Corruption Authority. He is now Director of the Association "Talented Italians in the UK," which gathers the winners of the prize "Young Talented Italians." Brunello holds a master’s degree in finance and economics from the London School of Economics and a laurea cum laude in economics from the University of Siena in Italy.

January - February 2019

POLICY COMPASS - The Rise of the Populist International: European Dis-Integration Ahead?

by Brunello Rosa and John Hulsman

6 February 2019

Brunello Rosa

RECENT RESEARCH PAPERS

TRAVEL NOTES - ITALY: Risks Re-Emerging After The Truce

Germany's Economic and Political Uncertainties Are Rising

Brexit Update: Getting to A Deal (One Way or Another)

January - February 2019

POLICY COMPASS - The Rise of the Populist International: European Dis-Integration Ahead?

REVIEW: The Fed Takes A Sharp Break In the Hiking Cycle and Moves to a Strongly Dovish Stance

Fed Preview: Opening The Door To A Pause In The Hiking Cycle

Review: ECB Twists Risks To The Growth Outlook To The Downside

DISRUPTIVE IDEAS: The Revenge of Demographics

REVIEW: BOC Remains On Hold, With Hawkish Undertones

December 2018

MONETARY AFFAIRS - Review: Riksbank Hikes its Policy Rate by 25bps

MONETARY AFFAIRS - Review: Fed Reduces Expected Number of Rate Hikes in 2019

Global Outlook & Strategic Asset Allocation For 2019: Skating on Thinner Ice

MONETARY AFFAIRS -PREVIEW: Fed to Signal Slower Pace of Policy Normalization

MONETARY AFFAIRS - PREVIEW - Riksbank Likely To Wait Longer Before Lift-Off

REVIEW: ECB Confirms Its Policy Stance (With Few Details on Reinvestment)

October - December 2018

ITALY: Partially Caving In, Given Market and European Pressures

ECB PREVIEW: We Do Not Expect A Radical Shift In Policy in December

In this Final Rush Risks Remain A Crisis Might Be Needed To Break the Brexit Impasse

MONETARY AFFAIRS - ECB Review: Rendez-Vous in December for All Decisions

BOC REVIEW: Trade Relief Ensures An Autumn Hike and Hawkish Tones

MONETARY AFFAIRS - PREVIEW: ECB Likely To Buy More Time Before Committing

September - October 2018

A Healthy and Expected Market Sell-Off

The Journey To the Next Recession and Financial Crisis in 2020 Has Already Begun

SCENARIO ANALYSIS - ITALY: Walking A Dangerous Line

Italy’s “Populist” Budget Defies the EU, Markets And Rating Agencies

Fed Hikes Rates and Drops “Accommodative” Stance

PREVIEW: Fed Continues to Normalize At a Steady Pace

september 2018

Norges Bank Begins Its Well-Telegraphed Tightening Cycle

The European “Musical Chairs” Game Continues

Travel Notes: Focus on Italy’s First “Populist” Budget

Review: ECB Buys Time (Again) On Re-Investment Policy

ECB PREVIEW: Still Waiting For Re-Investment Policy Details

Argentina: Between Disaster and Hope

July-August 2018

DISRUPTIVE IDEAS: Hedging Against A Euro Break-Up

BOJ Policy Tweaks Fail To Impress Markets

REVIEW: BOE Ends Up Delivering A Dovish Hike

PREVIEW: BOE Finds A Window To Slot In a Rate Hike

ECB Review: Details On Reinvestment Policy to Come After the Summer

ECB PREVIEW: Focus on Re-Investment Policy

June - July 2018

MARKET VIEWS Yield Curve “Near-Inversion” Does Not Imply U.S. Recession

BOC Review: Hike Now, and on a Half-Yearly Basis

PREVIEW: BOC Set to Raise Rates, But No Longer Certain to Signal Further Hikes

TRAVEL NOTES - FRANCE: Europe’s (Temporary) Bright Spot

MONETARY AFFAIRS: BOE After June MPC and Mansion House Speech

ITALY: New Government to Be Initially Only Modestly Confrontational with Europe

June 2018

ECB Indicates End of QE and Beginning of Rates Guidance

Fed Review: Fed Delivers A Hawkish Hike

Fed: Hike in June Done Deal, Four Hikes in 2018 Not Yet

ECB PREVIEW: Discussion on QE Extension to Begin in June, But No Rush to Decide

TRAVEL NOTES: UK Post-Brexit Customs Options Mask Deeper Choices

Germany Remains Cautious On Further Eurozone Integration

May 2018

Working Paper - ITALY: Political Crisis Intensifies and Becomes Institutional

GERMANY: An Economic Powerhouse Trying to Revive the Political Centre Ground

ARGENTINA: Macri Tries to Reassure Investors Ahead of G20 Meeting and Presidential Election

BOE Stays on Hold and Remains Data Dependent

BOE To Remain on Hold in May (And Even a Hike in August Is Not A Done Deal)

April 2018

Riksbank Pushes Back The Timing of First Rate Hike

Italy: Short-Term Resilience, Long-Term Fragility

Riksbank: Time to Push Back the Repo Rate Path

BOE Mulling Rate Hike Amid Brexit Uncertainties

ECB to Gradually Exit QE by Year-end

BOC Preview: Cautious BOC To Stay on Hold In April

March 2018

Brexit: Transition Deal, Trade Agreements and Risks of a Cliff-Edge into WTO

Fed Review: Fed Delivers A Relatively Hawkish Hike

Fed Preview march 2018: A “Relatively Hawkish” Hike

ECB Drops Easing Bias Amid Dovish Press Conference

BOC Preview: On Hold Given Negative Economic Surprises