The ECB delivered a chunky 75bp rate hike this week and signalled more large rate rises are to come even as it acknowledged that the euro-zone economy was likely to fall into recession. That’s...

Policymakers ratcheted up their verbal intervention as the yen weakened this week but the bar to more direct action is high. We don’t think the Bank of Japan would be too concerned if the yen remained...

The continued increase in core inflation in August took it further above the Norges Bank’s target. With policymakers in hawkish mood, we expect another 50bp rate hike at the next meeting in two weeks.

Consumer price inflation fell in August and remains below the PBOC’s preferred ceiling of 3%, leaving room for the Bank to ease policy further. Meanwhile, producer price inflation declined to its...