German election results were roughly as expected, but Europe’s biggest economy suddenly just got more interesting. While the details of the governing coalition have yet to be finalized, Chancellor Merz has floated options to ease the…
January Canadian headline inflation was in line with estimates at 1.9% y/y. The Bank of Canada’s core measures were slightly hotter than expected, rising to 2.7%, near the top of the Bank of Canada’s 1%-to-3% target range. …
Overnight, the RBA cut the cash target rate for the first time since 2022, marking the beginning of the policy easing cycle in Australia. However, the RBA will proceed cautiously with further rate cuts, given a tight labor market and…
In its budget plans last week, the Indian fiscal authorities announced major tax cuts for households – the equivalent of about US$12 billion, 0.3% of GDP – to boost consumer spending. Soon thereafter, the central bank cut its policy rates…
Following today’s Bank of England’s policy meeting, at which the policy rate was cut by 25 bps, we discuss our outlook for monetary policy in the UK. We expect the gradual easing to continue and discuss the investment implications…
Please join BCA Research’s, Chief EM & China Strategist Arthur Budaghyan, for a Webcast on Thursday, February 6 at 10:30 AM EST (3:30 PM GMT, 4:30 PM CET).
Please join BCA Research's Chief US Investment Strategist, Doug Peta for a Webcast on Wednesday, February 5 at 10:30 AM EST (3:30 PM GMT, 4:30 PM CET).
Jay Powell didn’t say much at this afternoon’s FOMC press conference, and monetary policy will continue to take a back seat to fiscal for the next few months.
In today’s Strategy Insight, we discuss the monetary policy outlook for the Bank of Japan, following the 25-bps rate hike overnight, and what it means for JGBs and the yen.