We doubt the independent pay review bodies’ recommendations for the government to give teachers and NHS staff a 5.5% pay rise will prevent wage growth from slowing to 3.0% by the end of next year. But...

The recent set of mild inflation data and growing concerns among Fed officials about downside risks to the labour market reinforce our view that the first interest rate cut will come in September. We...

Nigeria announced plans this week to raise 2024 budget spending again. Funding will come via a windfall tax on bank profits, but more measures will be needed to permanently boost revenues if Nigeria’s...