The prospect of a hung parliament in France suggests the country is headed for political gridlock and somewhat looser fiscal policy but that a large-scale fiscal expansion probably won’t materialise...

With inflation risks still running high, the Reserve Bank of Australia has been reluctant to drop its tightening bias. However, we still expect the Board to leave rates on hold at its upcoming August...

We expect that a sustained period of below potential growth will help bring core inflation to the 2% target by the end of the year and persuade the Bank of Canada to cut interest rates further, with...

Switzerland’s inflation rate fell to 1.3% in June from 1.4% in May, but concerningly for policymakers, private services inflation rose for the fourth time in five months. We think the increasing...