Canada Rapid Response Bank of Canada Policy Announcement (Jun. 26) The slightly dovish shift in language from the Bank of Canada today provides support to our forecast that it will leave interest rates unchanged this year. 10th June 2026 · 2 mins read
Bank of Japan Watch Pace of tightening set to accelerate BoJ Board members have signalled that they will lift the policy rate next week. And with inflationary pressures set to strengthen, the Bank will probably accelerate its tightening cycle thereafter. We... 10th June 2026 · 7 mins read
RBA Watch RBA will hold fire for now, but leave its options open The RBA will leave rates on hold at 4.35% at its meeting next Tuesday. With the economy showing signs of cooling, the Bank will likely signal a cautious approach to any further policy adjustment... 9th June 2026 · 7 mins read
Asia Rapid Response Indonesia Emergency Interest Rate Announcement (Jun. 2026) 9th June 2026 · 2 mins read
Europe Economics Weekly Crazy Irish GDP numbers; “ethical” US tariffs? We are not worried by the downward revision to first-quarter GDP data for the euro-zone because it was entirely due to a slump in Ireland, whose national accounts data are notoriously volatile... 5th June 2026 · 5 mins read
ECB Watch ECB unlikely to raise interest rates very far A 25bp rate hike next week, taking the deposit rate to 2.25%, looks nailed on and we suspect that will be followed by another in July. But second-round effects of higher energy prices on inflation... 4th June 2026 · 8 mins read
Bank of Canada Watch Softer data give BoC some breathing room The downside surprise to first-quarter GDP growth and limited passthrough of higher oil prices to core inflation so far gives the Bank of Canada scope to keep interest rates on hold again next week... 3rd June 2026 · 6 mins read
Australia & New Zealand Rapid Response Australia Household Spending (April 2026) The fall in household spending in April will give the RBA pause for thought, raising risks to our view that it will deliver one final 25bp hike in Q3. 28th May 2026 · 2 mins read
Australia & New Zealand Economics Update RBNZ set to hike rates in July The RBNZ’s decision to leave rates on hold today came down to the wire, and it signalled that it would need to unwind its accommodative stance sooner rather than later. Accordingly, we’re bringing... 27th May 2026 · 4 mins read
Australia & New Zealand Rapid Response RBNZ Meeting (May 2026) The RBNZ narrowly voted to leave rates on hold today and it seems like a hike could come sooner than our current forecast of Q4. That said, with the output gap still deeply negative, the Bank doesn’t... 27th May 2026 · 3 mins read
Emerging Europe Rapid Response Israel Interest Rate Announcement (May 2026) The Bank of Israel (BoI) restarted its easing cycle at today’s meeting, reducing its policy rate by 25bp, to 3.75%, and we think another cut of the same size is likely in July too. 25th May 2026 · 2 mins read
US Rapid Response US Fed Minutes (Apr 28-29) The minutes from the Fed’s late April meeting were even more hawkish than expected based on the initial post meeting communications, which had been largely unchanged despite some dissents. The most... 20th May 2026 · 2 mins read
Australia & New Zealand Economics Update RBNZ to stay put, while maintaining policy optionality The RBNZ is likely to leave rates on hold at its meeting next Wednesday, while stressing that it stands prepared to tighten policy if inflationary pressures show signs of persistence. In our baseline... 20th May 2026 · 7 mins read
