We expect concerns over softening labour market conditions among the doves on the FOMC to win out next week, resulting in another 25bp cut. But in return, the more hawkish members are likely to secure...

The sizeable fall back in the ISM Services prices paid index is consistent with “supercore” PCE inflation remaining elevated next year, but by much less than implied by last month’s release. That...

The fall in Swiss inflation to zero will raise significant concerns in the SNB as officials had expected it to rebound and average 0.4% in Q4. This makes it more likely that the SNB will cut into...

The larger than expected fall in Turkish inflation in November, to 31.1% y/y, provides a green light for the central bank to continue its easing cycle at its meeting next Thursday. We maintain our...