Central Bank Meeting
Australia & New Zealand Economics Update
RBNZ signals tightening cycle is at an end
The decision by the Reserve Bank of New Zealand to lift its official cash rate by 25bp, to 5.50%, was in line with what most had anticipated. However, with the Bank sounding more dovish than it has in...
Emerging Europe Economics Update
Israel: 25bp hike, but tightening cycle not yet over
The Bank of Israel (BoI) delivered another 25bp interest rate hike, to 4.75%, at today’s meeting and did not offer any guidance as to whether this would be the last in the cycle. On balance, we think...
UK Economics Update
If we’re not there already, the peak in interest rates is close
Today’s 25 basis point rise in interest rates from 4.25% to 4.50% takes rates to our long-held forecast and may be the last hike, although one or two more hikes are possible. We suspect the subsequent...