Africa Economics Weekly SA impeachment, Angola & Zambia rate cuts This week’s restart of impeachment proceedings against South Africa’s President Ramaphosa threatens to stall the government’s reform agenda and, in turn, harm the prospect of achieving sustained GDP... 15th May 2026 · 7 mins read
US Economics Weekly This time is transitory? Kevin Warsh now begins his four-year term as Fed Chair, but the April price data suggest he will have a tough time persuading his FOMC colleagues that they should cut interest rates again in this... 15th May 2026 · 5 mins read
Canada Economics Weekly BoC still biding its time while war plays out The Summary of Deliberations from the Bank of Canada’s April meeting didn’t give too much away, though the optimist in us would argue that the tone was less hawkish than in prior communications. This... 15th May 2026 · 6 mins read
India Economics Weekly One battle after another for INR, pump prices hiked Policymakers’ concerns about the depreciation of the rupee have again come to the fore this week, but the hike in gold import tariffs has done little to prevent the currency from sliding further... 15th May 2026 · 4 mins read
Emerging Europe Economics Weekly Hungary’s fiscal path, CBRT inflation, shekel strength Announcements from Hungary’s new government, which took office last weekend, suggest that we’re unlikely to see the full details of its plans to reduce the budget deficit until Q3. Until then, the... 15th May 2026 · 6 mins read
Japan Economics Weekly Hawkish BoJ lifts 10-year yield to three-decade high The 10-year JGB yield climbed to a three decade high this week in response to hawkish signals from the Bank of Japan and reports that the government will compile a supplementary budget to keep the... 15th May 2026 · 7 mins read
Australia & New Zealand Economics Weekly Live chance of a rate hike at RBA’s June meeting Business surveys suggest that inflationary pressures continue to gain momentum in Australia. Although some of the increase in firms’ pricing intentions likely reflects noise, the RBA will still be... 15th May 2026 · 5 mins read
Global Economics Update Assessing the effects of an extreme war scenario In this Update, we explore an extreme scenario in which the Iran war escalates beyond the assumptions in our published baseline and adverse scenarios. With Brent crude jumping higher and staying at... 14th May 2026 · 7 mins read
Emerging Markets Economics Update Fuel price shock driving EM inflation higher Inflation data for April released across EMs suggest that the energy price shock has pushed fuel inflation up materially and that surveys of firms’ inflation expectations are rising sharply. So far... 14th May 2026 · 3 mins read
US Rapid Response US Producer Prices (Apr 2026) April’s stronger-than-expected PPI figures have little bearing on our estimate for a 0.30% m/m rise in the core PCE deflator in April. While still above the target-consistent pace, that is not as... 13th May 2026 · 2 mins read
Europe Chart Pack Europe Chart Pack (May. 2026) Prospects for the euro-zone economy are very sensitive to the severity and duration of the increase in energy prices. Our baseline forecasts are based on an assumption that the price of Brent crude... 13th May 2026 · 1 min read
Africa Economics Update Dangote refinery helping Nigeria weather supply shock The Dangote oil refinery has materially improved Nigeria’s energy security, leaving it better insulated from oil price shocks than before. Nigeria is not immune from the inflationary pressures from... 13th May 2026 · 3 mins read
Australia & New Zealand Economics Update Budget leaves RBA to do the heavy lifting on inflation The Australian government’s 2026/27 Budget does little to move the needle on fiscal policy. Although Commonwealth coffers will benefit from a windfall driven by higher commodity prices, much of this... 12th May 2026 · 4 mins read
Global Economics Update First signs of advanced economy fallout from Iran war The marked increase in inflation across advanced economies has yet to cause real spending to contract, but the widespread decline in consumer sentiment and hiring intentions points to worse to come... 12th May 2026 · 3 mins read
