Communications from central banks in Poland and Czechia this week were both on the hawkish side, but we expect a continued divergence in monetary policy over the coming year as interest rates remain...

Despite the focus on r* recently at the ECB, we think that wage inflation will be a more important guide for monetary policy. And the ECB’s wage tracker released earlier this week suggests that wage...

A busy week for domestic policymaking began with the Finance Ministry showing fiscal restraint in the FY25/26 Union Budget and concluded with the RBI kicking off its easing cycle, with an election in...

The Reserve Bank of India’s (RBI’s) decision to cut the repo rate by 25bps today to 6.25% confirms that, under new leadership, its priorities have tilted from containing inflation to providing more...