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
Latin America Rapid Response Mexico Interest Rate Announcement (Sep.) 26th September 2024 · 2 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 · 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
Europe Rapid Response Swiss National Bank Policy Meeting (Sept. 2024) The SNB’s decision to cut its policy rate by 25bp to 1.0% today shows that it prefers a gradual approach to policy loosening, but the accompanying statement indicates clearly that further cuts are on... 26th September 2024 · 2 mins read
China Rapid Response China Politburo Meeting (Sep. 24) The readout of the Politburo’s quarterly meeting on economic affairs has just been published by state media. It acknowledges that new problems have emerged in the Chinese economy recently and calls... 26th September 2024 · 2 mins read
Commodities Update New China stimulus won’t lift commodity demand While the announcement of new stimulus measures by Chinese officials coincided with increases in many commodity prices, the package does not materially alter the outlook for China’s commodity demand... 25th September 2024 · 2 mins 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
Emerging Europe Rapid Response Czech Interest Rate Announcement (Sep.) The decision by the Czech National Bank to cut its policy rate by a further 25bp today, to 4.25%, was followed by communications which, on balance, felt a bit more dovish than at the last meeting. We... 25th September 2024 · 2 mins read
Europe Economics Update Your questions answered We held an online Drop-In session this week to discuss the outlook for the euro-zone. (See a recording here.) This Update addresses some of the questions that we received, including some that we didn... 25th September 2024 · 6 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
