Latin America Economics Update Brazil: Copom sticks to its guns The statement accompanying the Brazilian central bank’s decision to keep the Selic rate unchanged at 13.75% yesterday will have disappointed some (not least in the government) that thought global... 23rd March 2023 · 3 mins read
US Economics Update Fed plays for time with dovish hike The 25bp rate hike and new projections unveiled by the Fed today were towards the more dovish end of potential outcomes. Despite recent strong economic data, officials acknowledged the likely hit from... 22nd March 2023 · 3 mins read
Emerging Europe Rapid Response Russia Interest Rate Announcement (Mar. 23) 17th March 2023 · 2 mins read
Europe Economics Update ECB prioritising inflation fight Investors have taken today’s 50bp rate hike by the ECB as dovish, and the peak deposit rate now priced into markets is between 3% and 3.25%. We think the risks are skewed towards rates going higher... 16th March 2023 · 4 mins read
BoE Watch 25bps hike, if banking situation doesn’t escalate The concerns over the health of the global banking system and the easing in domestic inflationary pressures mean it is almost 50:50 between the Monetary Policy Committee pausing/ending its series of... 16th March 2023 · 8 mins read
Event UK Drop-In: The Bank of England’s March interest rate decision 23rd March 2023, 3:00PM GMT How will the Bank of England play its March rate decision following recent turmoil in the US and European banking sectors?
Asia Economics Update Indonesia: no further rate hikes Bank Indonesia (BI) today left interest rates unchanged (at 5.75%), and signalled that with inflation falling back more quickly than expected, rates would be left on hold over the coming months. In... 16th March 2023 · 3 mins read
US Fed Watch Will financial stability needs supplant inflation goal? The Fed has a very difficult policy decision to make at next week’s FOMC meeting – should it hold interest rates unchanged in the wake of the SVB collapse to shore up market confidence or, with core... 15th March 2023 · 8 mins read
Africa Data Response South Africa Activity Data (Jan.) & Nigeria CPI (Feb.) January’s hard activity figures out of South Africa came in stronger than expected, reducing the chances of a technical recession. But momentum remains extremely weak. Elsewhere, the rise in inflation... 15th March 2023 · 3 mins read
Asia Economics Update Vietnam: surprise cut to support struggling economy Vietnam’s central bank unexpectedly lowered interest rates late yesterday as it aims to support the struggling economy which has been hit hard by the downturn in global demand and problems in the... 15th March 2023 · 3 mins read
Event Drop-In: What does banking sector turmoil mean for March central bank decisions? 16th March 2023, 3:00PM GMT Starting with the ECB today, some major central bank decisions are due in the shadow of recent banking sector turmoil.
