Drop-In: Could the ECB deliver a hawkish surprise?

BoE talks a good hawkish game, but is unlikely to deliver

The Bank of England’s repeated pledge that it is “ready to act as necessary” (i.e. hike interest rates), alongside its decision to keep rates...

BoE Watch: BoE to talk tough, but unlikely to deliver

We expect the Bank of England to leave rates unchanged at 3.75% on Thursday 30th April. But with the data over the last month likely to have raised...

RBA will deliver back-to-back hikes in March and May

We expect the Reserve Bank of Australia to raise rates by 25bp at its meeting ending on 17th March. The conditions for a sustained acceleration in...