The Central Bank of Egypt (CBE) decided to cut interest rates on Thursday and we think monetary conditions will be loosened a lot further than most expect over the course of this year. That said...

While the Bank of Canada held rates steady at 2.75% this week - despite markets pricing in roughly 50% odds of a 25bp cut - it balanced this out by striking a mostly dovish tone in its communications...

This week brought some evidence that front-running US tariffs boosted euro-zone industrial production in Q1, but this effect will of course be “transitory”. Meanwhile, statements from France’s finance...

The ECB’s decision to cut its deposit rate from 2.5% to 2.25% today was expected. And the monetary policy statement sent a clear signal that the Bank will cut rates further to counter the impact of...