The surprisingly poor Q2 GDP outturn in Chile (output was flat in q/q terms), coming alongside the recent fall in inflation will reduce any pressure on the BCCh to tighten monetary policy and we now...

While core prices rose at their strongest pace in almost a year in July, the key drivers were temporary factors and the annual rate remained at the Bank of Canada’s 2% target. The key message...

The fall in Nigeria’s headline inflation rate from 15.9% in June to a lower-than-expected 15.4% y/y in July, suggest that the door is open to the resumption of the monetary easing cycle next month.

The tameness of the price data for July means we are dropping our call for the Fed to raise interest rates in September. Nonetheless, we are not convinced that the conditions are in place for core...