The persistent strength in core services inflation in some EMs outside Asia raises the chances that central banks cut interest rates by less than the consensus expects this year, not least because it...

Extreme heat across parts of India could be particularly damaging to the agriculture sector through both a drop in crop yields and a fall in labour productivity. But industry and services aren’t...

The latest data are consistent with our view that the euro-zone will grow only slowly in the coming quarters. With the labour market softening and inflation continuing to fall, the ECB has signalled...

Bank Negara Malaysia (BNM) left its overnight policy rate (OPR) on hold (at 3.00%) today, and the tone of its statement supports our view that rates will be left unchanged throughout 2024. The...