Global Inflation Watch Core inflation to fall, but upside risks have grown Headline inflation looks set to fall sharply as energy effects subside and the let-up in product shortages reduces goods inflation further. We also expect services inflation to decrease as demand... 26th April 2023 · 15 mins read
Nordic & Swiss Economics Update Riksbank shows the way with 50bp With the ECB poised to raise rates next Thursday, the Riksbank has got its retaliation in early, hiking its key rate by 50bp. The statement indicates that policymakers expect to raise rates by another... 26th April 2023 · 3 mins read
RBA Watch RBA to deliver final 25bp rate hike next week While inflation is moderating a touch faster than the RBA had anticipated, the continued acceleration in services inflation will probably prompt the RBA to deliver a final 25bp rate hike next week... 26th April 2023 · 8 mins read
Australia & New Zealand Data Response Australia Consumer Prices (Q1 2023) Asia Drop-In (28 th April): Join our special briefing on the BOJ April decision, Kazuo Ueda’s debut, and the fate of YCC. Register now. While inflation is moderating slightly faster than the RBA had... 26th April 2023 · 2 mins read
Australia & New Zealand Rapid Response Australia Consumer Prices (Q1 2023) 26th April 2023 · 2 mins read
Emerging Europe Economics Update MNB sets the stage for loosening cycle The Hungarian central bank (MNB) slashed the upper end of its interest rate corridor today by 450bp, to 20.50% and, while this move alone won’t loosen monetary conditions, it is likely to be followed... 25th April 2023 · 4 mins read
Emerging Europe Rapid Response Hungary Interest Rate Announcement (Apr.) 25th April 2023 · 2 mins read
Latin America Economics Update Can Chile’s private sector cope with higher interest rates? There’s little evidence (so far) that the surge in interest rate is leading to widespread debt servicing problems in Chile’s private sector, but there are pockets of vulnerability in the household... 25th April 2023 · 4 mins read
Emerging Markets Economics Chart Pack The monetary policy tide is (slowly) turning EM central banks have, in general, remained in hawkish mood over recent weeks. Tightening cycles have continued in Mexico, Colombia and South Africa in response to high inflation, while policymakers... 24th April 2023 · 9 mins read
Latin America Data Response Mexico Bi-Weekly CPI (Apr.) The fall in Mexico’s headline inflation rate to an 18-month low of 6.2%y/y in the first half of April was broad-based and will provide some comfort to officials at Banxico that price pressures are... 24th April 2023 · 3 mins read
Africa Economics Weekly Inflation shocks, Ghana growth The surprise rises in inflation in March in Sub-Saharan Africa's two biggest economies are likely to put pressure on policymakers in Nigeria and South Africa to raise interest rates further. Elsewhere... 21st April 2023 · 5 mins read
Global Economics Update PMIs still pointing to robust GDP growth Once again the PMIs suggest that real activity in advanced economies continues to shrug off the effects of higher interest rates. According to the flash PMIs, GDP and employment growth both got off to... 21st April 2023 · 3 mins read
US Economics Weekly May rate hike likely to be the last We now expect the Fed to press ahead with another 25bp rate hike at the FOMC meeting early next month but, with the economic data softening and the risks of a debt ceiling crisis rising, we still... 21st April 2023 · 8 mins read
Global Economics Update Answering your questions about our new FCIs We held an online Drop-In yesterday to present our new financial conditions indices and discuss how conditions have evolved in the wake of SVB’s collapse. (See a recording here). This Update addresses... 21st April 2023 · 5 mins read
Emerging Europe Economics Weekly MNB shifting to cuts, Turkey bracing for election result The Hungarian central bank (MNB) looks set to take its first steps towards lowering interest rates at its meeting next week by cutting the upper end of its interest rate corridor. Policymakers will... 21st April 2023 · 8 mins read
UK Economics Weekly Inflation a persistent problem for the Bank of England Lingering underlying price pressures and the continued resilience of economic activity has left us more comfortable than we were at the start of this week with our view that the Bank of England will... 21st April 2023 · 5 mins read
