The recent falls in many Latin American currencies, alongside stubbornly strong core price pressures, support our relatively hawkish view on the outlook for monetary policy in the region. Elsewhere...

Budget 2024 made a bit of a splash thanks to the unexpected changes to capital gains taxes, but we do not think the new net spending measures were large enough to change the outlook for GDP growth or...

Movements in the exchange rate tend to have only a small impact on euro-zone inflation. So while the euro might weaken if monetary policy in the euro-zone and US were to diverge, we think it would...

We think the risk of a large and sustained rise in energy prices is low so we remain happy with our forecast that the ECB will cut rates by 125bp this year. If energy prices were to jump very sharply...