Mexico’s headline inflation rate edged up to 7.9% y/y in January, setting the scene for Banxico to raise interest rates by 25bp, to 10.75%, later today. We think that this will mark the end of the...

The Riksbank’s 50bp rate hike today was expected but the decision to begin actively selling government bonds and the emphasis on the exchange rate were a surprise. Possibly this simply reflects the...

Egypt’s headline inflation rate climbed from 21.3% y/y in December to 25.8% y/y in January, its fastest pace since November 2017, on the back of the recent large falls in the pound. This adds to our...