February’s flash PMIs provides further signs of an encouraging start to the year for economic activity and suggests that inflationary pressures in the services sector increased a bit further. While we...

Data released this week continue to indicate that the Australian economy is running up against capacity constraints. The relatively modest pickup in wage growth last quarter belies the fact that unit...

With price pressures showing signs of softening, the Bank of Japan won’t be in a rush to resume its hiking cycle. However, we still believe conditions will be in place for the Bank to raise rates by...

The evidence so far shows that the inflationary effects of stronger demand from the AI buildout remain narrow, whereas the disinflationary effects of stronger productivity growth already appear to be...