The PBOC’s expanded open market operations effectively narrow the interest rate corridor for short-term interbank rates. This won’t have any immediate consequences for monetary conditions. But it does...

The full Budget for FY24/25 - which will be unveiled on 23rd July - will provide an important indication of how much the BJP is willing to concede to its coalition partners. Meanwhile, developments...

The Riksbank’s target measure of inflation, CPIF, dropped to just 1.3% in June, almost half the level in May and the lowest level since the end of 2020. This was far below the consensus forecast of 1...

Administered price inflation is looking to be somewhat sticky in Australia, reflecting a combination of tax increases on select goods and elevated cost pressures across a range of public services. On...