Most analysts expect China’s inflation rate to rebound to around 2% by 2026. In contrast, we think that persistent imbalances between supply and demand will keep it close to zero for the foreseeable...

Today’s stronger-than-expected Q1 GDP data means the euro-zone has come out of recession but, with core and services inflation both declining in April, this will not prevent the ECB from starting its...

We expect the Reserve Bank of Australia to hike rates by 25bp at its meeting next week, in contrast to the consensus view that the Bank will remain on hold. Given the RBA’s ostensible resolve to...