Middle East & North Africa Rapid Response Egypt Interest Rate Announcement (Sep.) 24th September 2026 · 2 mins read
Asia Rapid Response Indonesia Interest Rate Announcement (Sep. 2026) Bank Indonesia left its policy rate on hold at 5.75% today and, so long as the recent falls in the rupiah don’t morph into a sharp sell-off, we think interest rates will be left unchanged over the... 23rd September 2026 · 2 mins read
Emerging Europe Economics Update Hungary: new inflation target points to long rate pause Hungary’s central bank opted to leave its base rate on hold at 5.50% today, and the decision to lower the inflation target to 2.5% from 2028 argues for a more cautious approach to renewed rate cuts... 22nd September 2026 · 3 mins read
Emerging Europe Rapid Response Hungary Interest Rate Announcement (Sep. 2026) Hungary’s central bank (MNB) opted to leave its base rate on hold at 5.50% today and the easing cycle will probably be on pause through the rest of this year as the central bank introduces a new... 22nd September 2026 · 2 mins read
RBA Watch One more and done for the RBA With some of the upside inflation risks it had warned about now crystallising, the RBA is almost certain to hike rates by 25bp at its September meeting. However, we believe that will mark the end of... 22nd September 2026 · 8 mins read
Japan Economics Update BoJ’s tightening cycle has much further to run The Bank of Japan accelerated its tightening cycle by lifting interest rates to a 31-year high of 1.25% today and we think it will tighten policy more rapidly than most anticipate over the coming... 18th September 2026 · 3 mins read
Japan Rapid Response Bank of Japan Meeting (Sep. 26) The Bank of Japan lifted interest rates to a 31-year high of 1.25% today and we think it will tighten policy more rapidly than most anticipate over the coming months. 18th September 2026 · 2 mins read
UK Economics Update BoE ready to raise rates, but not as far as investors fear We have revised up our Bank of England forecasts and now expect interest rates to be raised from 3.75% to 4.00% at the next policy meeting in November and to 4.25% in February. Our previous forecast... 17th September 2026 · 3 mins read
UK Economics Rapid Response Bank of England Policy Announcement (17th Sep. 2026) For more detailed and up to date analysis, see here. The Bank of England left interest rates at 3.75% today and announced that it will reduce its holding of gilts by £368bn over the next eight years... 17th September 2026 · 3 mins read
Latin America Rapid Response Brazil Interest Rate Announcement (Sep. 2026) Brazil’s central bank (BCB) delivered another 25bp interest rate cut today, to 13.75%, but the absence of hawkish surprises challenges the consensus view that today’s meeting would deliver the last... 16th September 2026 · 2 mins read
US Economics Update SEP suggests only limited appetite for further Fed hikes The Fed’s interest rate hike today is likely to be followed by at least one more later this year, probably in December. While the new Summary of Economic Projections (SEP) implies that the Fed may be... 16th September 2026 · 3 mins read
US Rapid Response US Fed Policy Announcement (Sep 2026) The Fed appears to be on board with our view that its hike today will be followed by one more later this year. While the latest Summary of Economic Projections implies that the Fed may be content with... 16th September 2026 · 2 mins read
US Fed Watch Fed set to hike next week and by 75bp in total The firm August price data means we are reinstating our prior forecast that the Fed will hike this month and by 75bp in total. That would take the fed funds target range to between 4.25% and 4.50%. 11th September 2026 · 9 mins read
Emerging Europe Economics Weekly Thoughts on a jam-packed week for monetary policy A busy week for monetary policy highlighted the growing divergence among the region's central banks. On the more dovish side, Poland’s appears in no rush to shift to interest rate hikes, while we... 11th September 2026 · 5 mins read
Europe Economics Weekly German political uncertainty rising; ECB to hike again The strong showing of the Alternative for Germany (AfD) in Germany's state elections is likely to reinforce the difficulties that the federal government faces in implementing reforms and containing... 11th September 2026 · 5 mins read
Bank of Japan Watch BoJ set to accelerate its tightening cycle The Bank of Japan will accelerate its tightening cycle with a hike to 1.25% at its upcoming meeting. With the Bank increasingly concerned about upside risks to inflation, we now expect the Bank to... 11th September 2026 · 8 mins read
