U.S. Reciprocal Tariffs Spare Canada/Mexico for Now But Trade Risks Remain
The long-awaited U.S. reciprocal tariffs announced have been large and broad-based, but critically exempt Canada […]
U.S. Liberation Day Binds The World To High Tariffs
The U.S. administration announced broad reciprocal tariffs today, targeting all trading partners, and not just […]
Preview of RBNZ: On Autopilot?
We expect the OCR will be cut 25bp to 3.5%. The RBNZ will retain an […]
RBA Holds Rates as Expected, Seeks Confidence in an Uncertain World
Cash rate on hold at 4.1% as new Board waits for more information to be […]
European Central Bank Easing to Slow as Eurozone Outlook Brightens
Summary The Eurozone economy showed a degree of resilience late last year, though some notable […]
Bank of England Review – Slow and Steady
As expected, the BoE today kept the Bank Rate unchanged at 4.50%. The vote split […]
FOMC Keeps Rates on Hold Amid Increased Uncertainty
Summary The FOMC voted unanimously today to keep its target range for the federal funds […]
Fed Review: Cautious Stability
The Fed maintained its policy rates unchanged in the March meeting as expected. The Fed’s […]
Global FX: A Sudden and Decisive Change in Sentiment
The past month has seen an abrupt turn in sentiment towards the US economy and […]
March Flashlight for the FOMC Blackout Period: On Hold Through the Policy Fog
Summary A moderation in economic activity since the FOMC last met in January is unlikely […]
Bank of Canada Cuts Again on Tariff Risks
The Bank of Canada (BoC) cut its policy rate by another 25 basis points today, […]
Dollar Loses Shine in Trade War as Investors Rethink Impact on US Economy
Trade war gathers pace as Trump slaps tariffs on Canada, Mexico and China. But US […]