The SARB’s Monetary Policy Review published this week set out plenty of upside risks to inflation, but it looks like some of the risks from VAT hikes and tariffs have diminished. With inflation likely...

We’ve become more convinced that the new US tariff regime will reduce inflation in the UK, not least because there are some early signs that goods originally destined for the US are being “dumped” in...

Markets remain optimistic that the RBA will cut its cash rate from 4.1% at present to below 3% by year-end. But with the labour market still tight and activity starting to rebound, we're sticking to...