Asia Economics Update Vietnam: expected rate cut, but further easing likely now Vietnam’s central bank lowered its benchmark refinancing rate by 50bp, on Friday evening, citing the need to support the economy. The rate cut was in line with our forecast and we now think the... 3rd April 2023 · 3 mins read
Latin America Economics Update Banxico & BanRep close to but not at the end of their cycles Central banks in Mexico and Colombia both delivered 25bp hikes yesterday, and hinted that these could be the end of their cycles. But, on balance, we think that the strength of inflation will prompt... 31st March 2023 · 3 mins read
Africa Economics Update SARB’s hawks return to driver seat The South African Reserve Bank (SARB) delivered a more-aggressive-than-expected 50bp interest rate hike, to 7.75%, today as hawks returned to the majority with a bang. But while the probability of... 30th March 2023 · 3 mins read
RBI Watch April hike likely, but cuts to come onto agenda soon With the turmoil in the global banking system appearing to have eased and inflation still above the RBI’s 2-6% target range, we think the MPC will push ahead with a final 25bp hike to the repo rate... 30th March 2023 · 6 mins read
RBNZ Watch RBNZ will slow the pace of tightening With the latest economic data coming in weaker than it had anticipated, the RBNZ will likely opt for a smaller 25bp hike to the official cash rate (OCR) at its upcoming meeting on April 5th. We expect... 29th March 2023 · 7 mins read
Emerging Europe Rapid Response Hungary Interest Rate Announcement (Mar.) 28th March 2023 · 2 mins read
Capital Daily What the Fed and BoE central bank meetings mean for markets With major central banks pressing ahead with rate hikes despite ongoing financial stability concerns, we think that the recent resilience of equity markets will prove to be short-lived even if, as we... 23rd March 2023 · 7 mins read
Middle East & North Africa Economics Weekly Central banks under the spotlight Next week’s MPC meeting in Egypt, coming at a time of soaring inflation and growing concerns over the commitment to policy reforms, will prove critical to restoring investors’ faith. Policymakers will... 23rd March 2023 · 6 mins read
Emerging Europe Rapid Response Turkey Interest Rate Announcement (Mar.) 23rd March 2023 · 2 mins read
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
