Economy

Exclusive Bank of Canada Preview: Turn for the worse

We expect the Bank of Canada to hold the overnight rate at 2.25% on September 2, with no hikes or cuts forecast through 2027.

A Hawkish Version of No Forward Guidance

For a Chair who does not want to give forward guidance, Warsh was very effective in raising the market-implied probability of a Fed rate hike in September.

Exclusive Running on Fumes

Mountains to Climb: The Road Ahead for the RBA Cash Rate

This report examines the outlook for the RBA cash rate given recent inflation data and the ongoing crisis in the Strait of Hormuz.

Global Daily: Operation Economic Outcast: but of whom?

There is a lot of economic outcasting going on right now. It’s not clear who will be in and out when the dust settles – and dustups will proceed that outcome.

What could the ECB's structural LTROs look like?

The ECB could start discussions about the design of structural LTROs towards the end of this year, but the launch date depends on banks’ demand for reserves.