Australia & New Zealand Economics Update RBA to lift rates more sharply than most expect The Reserve Bank of Australia hiked rates by 25bp today and the upward revision to its inflation forecasts are consistent with our view that rates will peak at an above-consensus 3.85%. However, we... 1st November 2022 · 3 mins read
Australia & New Zealand Rapid Response Reserve Bank of Australia Meeting (Nov. 22) 1st November 2022 · 2 mins read
Event UK Drop-In: What will follow the Bank of England’s “forceful” hike? 1667401200 Economists from our UK Economics team held a briefing ahead of the MPC’s November meeting to discuss why we think that rates will rise further than most analysts are expecting and the conditions th
Asia Chart Pack Policymakers increase currency support Central banks across the region have been stepping up the pace of intervention in foreign exchange markets to support their currencies, resulting in a drop in FX reserves. In most countries, reserves... 31st October 2022 · 15 mins read
Africa Chart Pack Here comes the slowdown The past month has brought further signs that economies across Sub-Saharan Africa are in the midst of a slowdown. The latest activity data out of South Africa suggest that, after GDP contracted in Q2... 31st October 2022 · 11 mins read
Canada Economics Weekly Recession a line in the sand for the Bank The Bank of Canada now judges that there is a 50/50 chance of GDP growth turning negative, which caused it to slow the pace of its tightening to a 50 bp hike this week and to hint that it will drop to... 28th October 2022 · 6 mins read
Emerging Europe Economics Update CBR’s Nabiullina shows growing inflation concerns Russian central bank governor Elvira Nabiullina’s post-meeting press conference reinforced the message that policymakers are increasingly concerned about pro-inflationary risks, including those... 28th October 2022 · 2 mins read
US Economics Weekly Faltering economy will contribute to Fed pivot The 2.6% annualised rise in third quarter GDP was a lot worse than it looked, with growth in underlying demand grinding to a near-halt. At the same time, there are mounting signs that economic... 28th October 2022 · 9 mins read
Europe Economics Weekly ECB still a long way from a pivot This week’s data releases have done nothing to change our key calls on the euro-zone economy: that it is heading for a deeper recession and higher inflation than most expect, and that the ECB will be... 28th October 2022 · 9 mins read
Asia Economics Weekly Three key calls, Vietnam playing catch up We published our latest Emerging Asia Economic Outlook earlier this week, containing new forecasts for GDP, inflation and monetary policy. In this Weekly, we outline three key non-consensus calls from... 28th October 2022 · 7 mins read
Nordic & Swiss Economics Weekly Slower growth, strong labour markets Data published this week showed that Sweden's economy performed better than expected in Q3, but the timelier surveys point to a contraction in Q4. Next week, the Norges Bank's rate decision will be a... 28th October 2022 · 6 mins read
Emerging Europe Rapid Response Russia Interest Rate Announcement (Oct. 22) 28th October 2022 · 2 mins read
India Economics Weekly Don’t expect fireworks at “additional” MPC meeting Unlike previous "emergency" meetings in response to big financial market moves or inflation shocks, the "additional" MPC meeting announced for next week is a bureaucratic decision since the RBI is... 28th October 2022 · 5 mins read
Australia & New Zealand Economics Weekly RBA will stick to 25bp hike One reason why investors were caught off guard by the further acceleration in trimmed mean CPI last quarter was that the ABS' Monthly CPI Indicator hasn't been as reliable as we'd like it to be. That... 28th October 2022 · 9 mins read
Japan Economics Update Window for policy tightening is closing rapidly The Bank of Japan revised up its medium-term inflation forecasts while keeping policy unchanged today, but we still think that it won’t snuff out the budding virtuous cycle between incomes and wages. 28th October 2022 · 3 mins read
