Europe Rapid Response France & Spain HICP (September 2024) September’s inflation data from France and Spain all but confirm that the headline rate in the euro-zone as a whole – released next week – will show a sharp decline to below the 2% target. 27th September 2024 · 2 mins read
Japan Economics Weekly Ishiba victory will be greeted with relief by BoJ While Sanae Takaichi's defeat in this week's LDP leadership elections means that Japan won't have its first female Prime Minister after all, Shigeru Ishiba's victory will almost certainly be welcome... 27th September 2024 · 6 mins read
Australia & New Zealand Economics Weekly RBA to start easing policy from next February Although the RBA predictably left rates on hold at its meeting this week, it did soften its hawkish bias a touch. And with the latest CPI data pointing to a noticeable slowdown in underlying inflation... 27th September 2024 · 4 mins read
Global Economic Outlook A soft patch The global economy has hit a soft patch with the euro-zone virtually stagnant, the US labour market flagging and China rationing its policy stimulus. We expect this weakness to persist around the turn... 26th September 2024 (Updated 1st October 2024) · 44 mins read
Europe Economics Update SNB likely to cut rates by at least another 50bp While the SNB only cut the policy rate by 25bp today to 1.0%, the accompanying statement was very dovish and indicated that there are at least two more rate cuts on the way, probably in 25bp... 26th September 2024 · 3 mins read
Emerging Europe Chart Pack Emerging Europe Chart Pack (Sep. 2024) Our Emerging Europe Chart Pack has been updated with the latest data and our analysis of recent developments. Economies across Emerging Europe have struggled recently, and we forecast below consensus... 26th September 2024 · 1 min read
India Chart Pack India Chart Pack (September 2024) Our India Chart Pack has been updated with the latest data and our analysis of recent developments. The economy is cooling but remains primed to grow by 6.0-6.5% per year between 2024 and 2026, which... 25th September 2024 · 1 min read
Canada Economic Outlook Weak growth to prompt more aggressive loosening With the inflation battle all but won, weak GDP growth will force the Bank of Canada into more aggressive action, with a couple of 50bp interest rate cuts to end this year. We expect the Bank to adopt... 25th September 2024 · 14 mins read
Latin America Chart Pack Latin America Chart Pack (September 2024) Our Latin America Economics Chart Pack has been updated with the latest data and our analysis of recent developments. Growth across Latin America is likely to be weaker than most expect in the next... 25th September 2024 · 1 min read
Emerging Markets Economic Outlook EM growth enters a slower phase Aggregate EM growth is entering a softer patch, despite the tailwind from the Fed’s easing cycle. Growth concerns will prompt central banks in much of Asia to cut interest rates. But stubborn... 25th September 2024 · 26 mins read
Africa Economic Outlook Recovery to be held back by fiscal constraint A combination of falling inflation and looser monetary policy should help growth to accelerate across Sub-Saharan Africa from early next year. But tight fiscal policy will constrain the recovery and... 25th September 2024 · 19 mins read
Australia & New Zealand Economic Outlook RBA has less room to cut rates than the RBNZ A tight labour market and elevated public demand will keep the RBA from loosening policy before early-2025. Moreover, we expect the forthcoming easing cycle to be short-lived by past standards. By... 25th September 2024 · 20 mins read
Australia & New Zealand Rapid Response Australia Monthly CPI Indicator (Aug. 2024) The Reserve Bank of Australia will look past the sharp fall in headline inflation in August, given that the plunge was driven in large part government energy rebates. That said, the fact that... 25th September 2024 · 2 mins read
