The large decrease in headline inflation in Switzerland in January means the inflation rate looks sure to undershoot the SNB’s Q1 forecast of 1.8%. Along with the fall in core inflation, we think this...

A key point that stands out from the raft of EM central bank decisions over the past couple of weeks is that policymakers are focussed much more on domestically-generated price pressures than the Fed...

In the context of its continued hawkish communications, we doubt that the drop in headline consumer price inflation in January will be enough to convince the RBI to pivot yet. But it is clear that...

This week’s release of the minutes to the latest Copom meeting, January CPI figures and December budget data support our view that Brazil’s central bank will lower interest rates by less than most...