The drop back in Mexico’s headline inflation rate to 4.5% y/y in the first half of February leaves Banxico on course to begin an easing cycle at March’s Board meeting. That said, the rise in core...

The small rise in the composite activity PMI, from 52.9 in January to 53.3 in February (CE forecast 53.0, consensus 52.9), suggests that the mildest of mild recessions at the end of 2023 may soon be...

Our Australia and New Zealand Chart Pack has been updated with the latest data and our analysis of recent developments. Central banks in both Australia and New Zealand are likely to remain in “wait...

The economy continues to appear impervious to higher interest rates and, although we expect growth to slow over the first half of this year, that slowdown is likely to be modest. But we don’t expect...