We are in the minority of forecasters who expect the Reserve Bank of New Zealand to hand down a 25bp rate cut at its meeting next week. Moreover, with excess capacity in the economy rising rapidly, we...

The minutes to last week’s central bank meeting in Brazil raised the possibility that policymakers will respond to the worsening inflation outlook by hiking interest rates. And despite the sharp shift...

The euro-zone data do not scream “rate cut” – the economy is growing at a steady pace and domestic inflation has stabilised at a high level. But we suspect that most ECB policymakers will judge that a...