Australia & New Zealand Rapid Response RBA Minutes (June 2026) The minutes of the June meeting confirmed that the Board’s decision to leave rates on hold was unanimous. Broadly speaking, however, the minutes revealed that the hold was a hawkish one, with the... 30th June 2026 · 2 mins read
Emerging Europe Economics Weekly MNB resumes easing, CNB minutes, Russian industry The sharp downgrade in the Hungarian central bank’s inflation forecasts suggest that the door is wide open for interest rate cuts. We think inflation won’t be as soft as the central bank projects, but... 26th June 2026 · 6 mins read
Latin America Rapid Response Mexico Interest Rate Announcement (Jun. 2026) 25th June 2026 · 1 min read
Europe Economics Update No more ECB rate hikes? We have revised down our forecasts for oil and gas prices in light of developments in the Iran war and, as a result, are forecasting slightly lower inflation than we’d previously assumed. Our new base... 22nd June 2026 · 3 mins read
UK Economics Update BoE talks a good hawkish game, but is unlikely to deliver The Bank of England’s repeated pledge that it is “ready to act as necessary” (i.e. hike interest rates), alongside its decision to keep rates unchanged at 3.75%, was no surprise. But provided the US... 18th June 2026 · 3 mins read
UK Economics Rapid Response Bank of England Policy Announcement (18th Jun. 2026) The Bank of England’s pledge that it is “ready to act as necessary” by hiking interest rates, alongside its decision to keep rates unchanged at 3.75%, was no surprise. But provided the US-Iran deal... 18th June 2026 · 3 mins read
Latin America Rapid Response Brazil Interest Rate Announcement (Jun. 2026) Brazil’s central bank cut interest rates by another 25bp today, to 14.25%, and the accompanying statement appears to leave the door open to further rate cuts. 17th June 2026 · 2 mins read
US Economics Update Fed opens the door to a hike as soon as September The median projection now points to a clear chance of the FOMC hiking and, with Chair Kevin Warsh stating “we’ve got some work to do on the price stability point”, we continue to expect the Fed to... 17th June 2026 · 4 mins read
US Rapid Response US Fed Policy Announcement (Jun 2026) The median FOMC projection now points to a clear risk of the FOMC hiking this year, but it is likely skewed toward the non-voting hawkish Fed presidents and would probably have pointed to unchanged... 17th June 2026 · 3 mins read
Japan Economics Update BoJ will lift rates to 2% by end-2027 The Bank of Japan hiked its policy rate to a three decade high today and signalled less concern about downside risks to activity resulting from the Iran War. With inflation set to pick up as higher... 16th June 2026 · 3 mins read
Australia & New Zealand Economics Update RBA leaves door ajar for further tightening While the Reserve Bank of Australia predictably left rates unchanged today, it clearly signalled that it was far too early for it to declare victory in its battle against inflation. With underlying... 16th June 2026 · 3 mins read
Australia & New Zealand Rapid Response Reserve Bank of Australia Meeting (June 2026) The Reserve Bank of Australia retained policy optionality when it kept rates unchanged at its meeting today. Our base case remains that the Bank’s tightening cycle has a little further to run. 16th June 2026 · 2 mins read
Europe Economics Weekly Suites of scenarios, models and European central banks The ECB's updated projections imply that at least one more interest rate hike will be necessary. But the absence of any clear guidance in yesterday's ECB press conference was arguably a dovish signal... 12th June 2026 · 6 mins read
Japan Economics Weekly BoJ on track to hike despite Ueda’s absence Following his unexpected hospitalisation, Governor Ueda will miss next week's BoJ meeting. However, with inflation pressures continuing to build, there will almost certainly still be a majority in... 12th June 2026 · 5 mins read
