The latest data from major advanced economies typically show that unemployment rates are rising and pay pressures are easing. While wage growth is still too high for comfort in most cases, we suspect...

The timeliest data support our long-held view that the euro-zone economy will remain close to recession in the first half of the year. Beyond that, we think growth will be much lower than the...

The second consecutive 0.4% m/m increase in core CPI in February leaves Fed officials some way from attaining the “greater confidence” needed to begin cutting interest rates. The annual rate of core...

The Brazilian inflation data for February, which showed that the headline rate held steady at 4.5%, provided further evidence that underlying inflation pressures remain strong. This supports our view...