The first fall in inflation for seventeen months suggests that the headline rate may now have peaked. However, this is far from certain, and in any case core inflation did not fall and is likely to...

The financial markets have scaled back their expectations for the peak in the cash rate following soft data on consumer spending and inflation. But while inflation will peak at slightly lower levels...

The low inflation rate in November supports our view that the Swiss National Bank will not need to raise interest rates much further in the current cycle. Indeed, there is a growing chance that...