2023 Global Economic Outlook
Summary Forecast Changes We have not made significant changes to our country-specific or global growth […]
ECB Review – Hawkish 50bp – More Hikes to Come
At today’s ECB meeting, the ECB delivered a 50bp rate hike in all three policy […]
Here A Hike, There A Hike, Everywhere a Rate Hike
Summary The European Central Bank (ECB) delivered a 50 basis point hike, taking its Deposit […]
Bank of England Review – A Dovish 50bp as BoE Nears the End of Hiking Cycle
In line with our expectation, the BoE today hiked policy rates by 50bp, bringing the […]
Fed Review: FOMC Signals Fed Funds above 5% in 2023
Fed Review: FOMC Signals Fed Funds above 5% in 2023 The US Federal Reserve hiked […]
BoC’s Hawkish(ish) 50 bp Hike Could Be Its Last
BoC hikes by 50 bps to 4.25%, bringing cumulative tightening to 400 bps this year […]
Bank of Canada Delivers a 50 Basis Point Hike, But No Guarantees of Future Hikes
The Bank of Canada raised the overnight rate to 4.25%, while stating that it will […]
RBA Board Raises the Cash Rate by 0.25%
Contrary to widespread expectations RBA Board retains strong tightening bias. The Reserve Bank Board lifted […]
FX Year Ahead 2023: Recessions and Trend Reversals
The US dollar steamrolled every other major currency this year, capitalizing on a perfect storm […]
Euro Inflation Notes – A ‘Sticky’ Problem
On the face of it, the November flash HICP figures brought a welcome decline in […]
The Big Picture – Recession with Different Undercurrents
Highlights: Various shocks challenge the global economy, with different undercurrents driving the economic outlook across […]
NZ BNZ performance of services dropped to 53.7
New Zealand BusinessNZ Performance of Services Index declined from 57.1 to 53.7 in November, still […]