Middle East & North Africa Economics Weekly CBE surprise meeting(?), Tunisia elections, World Cup Rumours are building the Central Bank of Egypt could convene a surprise meeting later today to deliver another aggressive interest rate hike ahead of the approval of the IMF deal tomorrow. This could... 15th December 2022 · 6 mins read
UK Economics Rapid Response Bank of England Policy Announcement (15th Dec.) 15th December 2022 · 3 mins read
Nordic & Swiss Economics Update SNB hikes by 50bp, hints at more to come The SNB’s 50bp rate hike, to 1.00%, was in line with expectations but, more importantly, the Bank also raised its medium-term inflation forecast slightly, hinting that policymakers believe future... 15th December 2022 · 3 mins read
Africa Data Response Nigeria Consumer Prices (Nov.) November inflation data out of Nigeria came in stronger than expected, with the headline rate picking up to 21.5% y/y and price pressures increasing in m/m terms as well. Together with our expectation... 15th December 2022 · 3 mins read
UK Economics Rapid Response Bank of England Policy Announcement (15th Dec.) 15th December 2022 · 3 mins read
Asia Economics Update Taiwan: tightening cycle at an end Taiwan’s central bank today raised its main policy rate by 12.5bps (to 1.75%) but with inflation easing and growth set to struggle, we expect this hike to have marked an end to the tightening cycle. 15th December 2022 · 3 mins read
Nordic & Swiss Economics Update Only one more hike to come from the Norges Bank Today’s 25bp rate increase by the Norges Bank, to 2.75%, takes it very close to the end of its tightening cycle. But we think the Bank is a long way from pivoting to loosening policy. 15th December 2022 · 3 mins read
Asia Economics Update Philippines: tightening cycle nearing an end The central bank in the Philippines today raised its main policy rate by 50bps (to 5.50%), but with Governor Felipe Medalla sounding more dovish than expected on inflation, we think the tightening... 15th December 2022 · 3 mins read
Nordic & Swiss Rapid Response Swiss National Bank Policy Meeting (Dec. 2022) 15th December 2022 · 2 mins read
Nordic & Swiss Rapid Response Norges Bank Policy Announcement (December 2022) 15th December 2022 · 2 mins read
US Economics Update The Fed strikes back Despite the increasingly compelling evidence that core inflation will fall sharply next year, the Fed doubled down on its hawkishness today. We now expect two 25bp hikes from the Fed next year, with... 14th December 2022 · 3 mins read
Latin America Chart Pack Peru engulfed in chaos Peru’s newly-inaugurated President Boluarte’s call to bring forward the next general election to 2024 has failed to pacify protesters who took to the streets following the impeachment of President... 14th December 2022 · 11 mins read