RBA officials have recently been downplaying the potential for further rate cuts. However, we believe their hawkish pivot won't last. Indeed, the surge in the jobless rate to a four-year high in...

While the economy appears to be narrowly avoiding recession, we expect GDP growth to average less than 1% annualised over the second half of the year, with the unemployment rate rising toward 7.3%...

Financial repression is not a costless way to deal with public sector debt burdens, but it tends to be more politically palatable than the other options. Indeed, it is already happening and...

Our Emerging Markets Chart Pack has been updated with the latest data and our analysis of recent developments. EM growth has been resilient to US import tariffs, but headwinds from fiscal tightening...