Central banks
Global Daily: Give Yourself a Pat on the Back
Growing up in Australia in the 1990s one would inevitably encounter curiously ‘Aussie’ cultural practises...
Another ECB hike is now more likely than not
We forecast an additional ECB hike to 2.75% in December on the back of higher energy price forecasts.
Global Daily: Coalition of the Exceedingly Reluctant
US 10-year bond yields briefly topped 5% on Monday as crude oil prices continued to move higher and overnight index swaps implied a higher chance of a Fed rate hike...
Reacceleration of inflation cements the case for another ECB hike
A reacceleration of inflation cements the case for another rate hike. But price pressures are limited to energy-related items, and the growth outlook is highly uncertain.
Exclusive Seven so far, seven more to come?
The Bank of Canada today held its target for the overnight rate at 2.25%, with the Bank Rate at 2.50% and the deposit rate at 2.20% as was widely expected.
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.