There was little for the Bank of Canada to be encouraged by this week, with evidence of a further deterioration in the economy yet little sign of a fall in inflation expectations or downward pressure...

In Hungary, dovish comments from the central bank (MNB) deputy governor this week and recent softer-than-expected inflation data have prompted us to pencil in a larger 100bp interest rate cut at the...

This week’s stronger-than-expected news on inflation and weaker-than expected news on activity doesn’t mean that a soft landing for the economy is no longer the most likely outcome. Instead, there’s...