Emerging Markets Economics Focus Higher interest rates exposing private sector debt risks Higher interest rates and larger private sector debt burdens mean that debt interest service ratios could rise to levels last seen in the 1990s in many EMs next year. This is unlikely to be a major... 17th November 2022 · 18 mins read
Australia & New Zealand Economics Weekly Resilience in consumption won’t last The RBA Deputy Governor this week noted that the Bank is getting closer to the point where it can stop tightening, which creates some downside risks to our above-consensus interest rate forecasts... 11th November 2022 · 6 mins read
Japan Economic Outlook Bank of Japan will remain the outlier In a difficult global environment, Japan's economy has benefitted in recent months from a reopening boom in consumption and the easing of supply shortages in industry. Those tailwinds will soon fade... 5th October 2022 · 24 mins read
Emerging Europe Economics Update CEE: monetary tightening now biting hard Higher interest rates are already having an impact in CEE and a large part of the tightening of monetary conditions has yet to feed through. This will add to the headwinds facing growth in the coming... 29th September 2022 · 5 mins read
UK Data Response Money & Credit (Jul.) The decent rise in consumer credit values in July may overstate the current resilience of real consumer spending as credit is being supported by the rapid increases in consumer prices. Either way, as... 30th August 2022 · 3 mins read
Global Economics Update Private sector well placed for higher rates in major DMs In addition to revealing that higher interest rates had barely affected household and corporate finances, national accounts data for Q1 suggested that, with the exception of households in a handful of... 19th August 2022 · 5 mins read
