UK Economics Rapid Response

Bank of England Policy Announcement (18th Dec. 2025)

For updated and more detailed analysis see here. The Bank of England struck a slightly hawkish tone while cutting interest rates from 4.00% to 3.75% today. But with inflation set to fall further than...

18th December 2025 · 3 mins read

Europe Rapid Response

Norges Bank Policy Announcement (December 2025)

Today’s decision to leave the policy rate at 4.0% came as no surprise and the Bank’s messaging repeated that any further rate cuts will be very gradual. We are forecasting the next cut to come in...

18th December 2025 · 2 mins read

Europe Rapid Response

Riksbank Policy Announcement (December 2025)

While the Riksbank left its policy rate at 1.75% and its forward guidance unchanged today, the economic data have improved significantly over the past few months and have given us greater confidence...

18th December 2025 · 2 mins read

Asia Rapid Response

Taiwan Interest Rate Announcement (Dec.)

Taiwan’s central bank (CBC) left its main policy rate on hold today (at 2.00%) and, with growth likely to remain strong and inflation set to stay low, policy settings look set to be left unchanged...

18th December 2025 · 2 mins read

Australia & New Zealand Economics Update

Loose fiscal policy bolsters the case for RBA hikes

The Australian government’s mid-year budget update showed that efforts to rein in public spending remain few and far between. With the economy pushing up against capacity constraints, the case for the...

18th December 2025 · 3 mins read

Emerging Europe Chart Pack

Emerging Europe Chart Pack (Dec. 2025)

Our Emerging Europe Chart Pack has been updated with the latest data and our analysis of recent developments. Most economies in Central and Eastern Europe will experience stronger GDP growth in 2026...

17th December 2025 · 1 min read

India Chart Pack

India Chart Pack (December 2025)

After a very strong 2025, economic growth in India is likely to slow in 2026 in the face of punitive US tariffs. But they could get rolled back and, even if they don’t, India will remain a relative...

17th December 2025 · 1 min read

Africa Rapid Response

South Africa Consumer Prices (Nov. 2025)

The softer-than-expected South African inflation reading, of 3.5% y/y in November, and weak core inflation will give the Reserve Bank plenty of confidence that it can meet its new, lower 3% inflation...

17th December 2025 · 2 mins read

Asia Rapid Response

Indonesia Interest Rate Announcement (Dec. 2025)

Bank Indonesia left its benchmark interest rate on hold at 4.75% today for a third consecutive meeting but, once again, the accompanying communications were dovish and we still think there’s scope for...

17th December 2025 · 2 mins read

Asia Rapid Response

Thailand Interest Rate Announcement (Dec. 2025)

Thailand’s central bank (BoT) today cut interest rates by a further 25bps, to 1.25%, and we doubt this marks the end of the easing cycle. With growth struggling and price pressures very low, we expect...

17th December 2025 · 2 mins read

Africa Chart Pack

Africa Chart Pack (Dec. '25)

The macroeconomic backdrop has turned increasingly favourable and we expect Sub-Saharan Africa to enter its strongest period of growth in the coming years since the early 2010s. Our forecasts for most...

16th December 2025 · 0 mins read

Emerging Europe Rapid Response

Hungary Interest Rate Announcement (Dec.)

The decision by the Hungarian central bank (MNB) to leave its base rate on hold today, at 6.50%, was widely expected and, despite a near-term dip in inflation, we expect rates to stay on hold until...

16th December 2025 · 2 mins read

Latin America Chart Pack

Latin America Chart Pack (Dec. 2025)

Our Latin America Economics Chart Pack has been updated with the latest data and our analysis of recent developments. Regional GDP growth will slow next year, which combined with softer inflation...

15th December 2025 · 1 min read

Africa Economic Outlook

SSA set for its strongest growth streak in over a decade

The macroeconomic backdrop has turned increasingly favourable and we expect Sub-Saharan Africa to enter its strongest period of growth in the coming years since the early 2010s. Our forecasts for most...

15th December 2025 · 19 mins read

Asia Economic Outlook

Solid growth, easing cycles drawing to a close

The economic outlook across much of Asia has improved recently, prompting modest upward revisions to our 2026 GDP growth forecasts. Strong demand for AI-related products will continue to lift exports...

15th December 2025 · 25 mins read