This week has brought a fundamental shift in Europe’s approach to defence spending and fiscal policy more generally. While there are reasons to be cautious about the boost that this will provide to...

The rise in Mexico’s headline inflation rate, to 3.8% y/y in February was entirely driven by non-core inflation and therefore won’t be a major concern for the central bank. Indeed, we think that the...

President Trump had some stern words on India's tariff policy this week. But the Trump administration’s stance on India seems different from its approach to other countries: it seems focused on...

Australian national accounts data showed that private consumption growth edged up only modestly in Q4. What's more, timely data suggest that it could actually soften again this quarter. However...