In today’s press conference, Christine Lagarde expressed surprise at the decline in food inflation this year. This decline largely reflects past moves in agricultural commodity prices. But recent...

There was no surprise at today’s rate hike by the ECB, but the Bank’s forecast revisions and President Lagarde’s remarks in the press conference suggest that policymakers are minded to raise rates...

The key components of the PPI that feed into the core PCE deflator were fairly strong in August, raising the chance of the Fed hiking interest rates next week. Admittedly, that still depends on the...

Ghana’s economy slowed in Q2 on the back of weakness in the cocoa sector and we expect the effects of the energy shock to dampen growth over the rest of the year. But looser policy should help to...