The rise in core PCE prices in July was entirely due to a rise in core services prices, and is further evidence that tariffs are having minimal impact on goods prices. Meanwhile, the rise in real...

There are signs that the economy is losing momentum in response to US tariffs. However, with the labour market still extremely tight and inflation running well above the Bank of Japan’s 2% target, we...

There are tentative signs that the Australian economy may be starting to heat up. We learnt that underlying inflation accelerated anew in July, while a new ABS survey showed that firms are becoming...

The Central Bank of Egypt (CBE) cut its overnight deposit rate by a larger-than-expected 200bp, to 22.00%, and given our view that inflation will decline further over the rest of the year, we think...