Australia’s house prices are now falling at a similar rate as they did during the 2017-19 downturn, which was the largest in the country’s modern history. Home sales remain well above pre-pandemic...

The further rise in core inflation in July was largely due to a surge in travel services prices, much of which should be reversed after the summer. Nevertheless, that rise in core inflation, the...

The surprise interest rate cut by Turkey's central bank this week, despite inflation reaching close to 80% y/y in July, threatens to sow the seeds of the next currency crisis. The banking sector...

With the rebound in activity growth in July coming against a backdrop of easing inflation, we still think the Fed will hike rates by a smaller 50bp next month.