Canada Rapid Response Bank of Canada Policy Announcement (Mar 2026) The Bank of Canada sounded marginally dovish while keeping its key policy rate at 2.25% today, stating that the growth outlook had worsened and that it would look through the Iran war’s immediate... 18th March 2026 · 2 mins read
Latin America Rapid Response Chile GDP (Q4 2025) Chile’s economy ended last year on a strong footing, with GDP rising by 0.6% q/q, but the energy price spike and fiscal tightening planned under President Kast will cause the economy to weaken in the... 18th March 2026 · 2 mins read
Emerging Markets Economics Update How will EM central banks respond to the energy shock? The spike in energy prices has already caused Turkey’s central bank to tighten monetary policy and Pakistan may not be far behind. Most other central banks will be more reluctant to tighten but those... 18th March 2026 · 3 mins read
Global Economics Update How should central banks respond to oil shocks? Central banks face a classic policy dilemma when oil prices surge – inflation rises but growth might weaken. The right response depends crucially on why oil prices are rising, how persistent the shock... 17th March 2026 · 4 mins read
Asia Rapid Response Indonesia Interest Rate Announcement (Mar. 2026) Bank Indonesia left its policy rate unchanged at 4.75% for a sixth consecutive meeting today and, while officials seemed sanguine about inflation risks, they are clearly concerned about the renewed... 17th March 2026 · 3 mins read
Australia & New Zealand Economics Update RBA will hike rates again in May Although the RBA’s decision to raise rates at its meeting today was made by the narrowest of margins, the split vote primarily reflected differences regarding the timing of the move rather than the... 17th March 2026 · 3 mins read
Australia & New Zealand Rapid Response Reserve Bank of Australia Meeting (March 2026) Amid concerns that the ongoing energy price spike will adversely affect the inflation outlook, the RBA raised rates by 25bp at its meeting today. However, the decision was made by the narrowest of... 17th March 2026 · 2 mins read
Capital Daily War and monetary policy, and what it means for markets Major central bank meetings this week will give investors an early sense of how monetary policymakers will respond to the war. We suspect there isn’t much good news in the offing for bonds. 16th March 2026 · 6 mins read
US Economics Weekly Fed unlikely to overreact to inflation resurgence We don't expect the Fed to overreact to the resurgence in its preferred PCE inflation measure given it partly reflects the outsized weighting of particular items and there is still plenty of... 13th March 2026 · 5 mins read
Latin America Economics Weekly Terms of trade boost, Copom: 25bp vs 50bp As net energy exporters, most major Latin American economies benefit on net from the renewed leg up in oil prices. As thing stand, we don't think the inflationary impact will stop Brazil's central... 13th March 2026 · 7 mins read
UK Economics Weekly Middle East conflict already hurting the UK economy The rises in petrol prices and mortgage rates show that the new stagflationary pressures we previously warned about due to the conflict in the Middle East have arrived. We think the Bank of England... 13th March 2026 · 8 mins read
Asia Economics Weekly Asia: how will central banks respond to high energy prices? Pakistan and Sri Lanka are the two central banks in Asia most likely to raise rates if energy prices remain elevated for a prolonged period. In contrast, Taiwan and Korea will be in little hurry to... 13th March 2026 · 7 mins read
Emerging Europe Economics Weekly Headaches for central banks If the conflict in the Middle East causes energy prices to rise further – and for a prolonged period – policymakers in Emerging Europe are probably going to be more inclined to raise rates than those... 13th March 2026 · 7 mins read
Australia & New Zealand Economics Weekly Hauser’s hawkishness heralds a hike In a podcast this week, RBA Deputy Governor made no bones about his view that the Bank needed to bolster its inflation-fighting credentials. His concerns that the Iran conflict could exacerbate price... 13th March 2026 · 7 mins read
