Despite easing energy-driven inflation pressures, central banks in Asia are unlikely to rush to unwind recent rate hikes given the growing upside risks to food inflation from El Niño.

The Bank of Canada’s latest quarterly surveys point to an economy tarnished by the oil price shock, with improvements in activity isolated to the oil sector. Activity in the non-oil economy should...

Inflation pressures softening, albeit slowly The fall in both the ISM services and manufacturing prices paid indices in June brings our weighted index across the two sectors to a four-month low of 69...

Strong GDP growth and rising inflation have raised the bar for further interest rate cuts in Brazil, and we expect a pause in the cycle later this year, with just one or two more 25bp cuts over the...