Monetary Policy
Mexico is navigating one of its more complex policy moments in years. Banxico paused and held the policy rate at 7.00%, pursuing its 3% inflation target in a context where the peso has remained strong and the central bank is moving cautiously. Mexico's inflation was running at
Monetary Policy
Two of Europe's most closely watched central banks kept rates unchanged last week, but neither did so with any great confidence. The Bank of England kept its base rate unchanged at 3.75%. In its accompanying statement, the Monetary Policy Committee noted that the outlook for energy prices
Monetary Policy
Brazil's monetary policy story in 2026 is not whether rates will fall, it is how quickly. Brazil has one of the highest nominal policy rates in the world, with the Selic rate at 15%. The lagged effects of tight monetary policy are eroding purchasing power and restricting consumer
Monetary Policy
The Bank of Japan's April decision was technically a hold, but the details read more like a warning shot. The BOJ now projects the year-on-year rate of increase in CPI, excluding fresh food, to be in the range of 2.5% to 3.0% in fiscal 2026, with
Inflation
Across Southeast Asia this week, Indonesia delivered one of the more encouraging economic data points of the month. Indonesia's annual inflation dropped noticeably to 2.42% in April 2026 from 3.48% in March, marking the lowest level since August 2025 and remaining comfortably within the central bank&
Economic growth
Spain's unemployment figures for the first quarter of 2026 delivered a jolt that came in above every analyst's expectation, yet the full story is more nuanced than the headline suggests. Spain's unemployment rate climbed to 10.83% in the first quarter of 2026, up
Economic growth
Germany was supposed to be in recovery mode by now. The government had earmarked enormous fiscal spending on defence and infrastructure, business sentiment was improving, and analysts were penciling in GDP growth around 1% for 2026. Then the Iran conflict sent energy prices spiking, and those plans hit a wall.
Inflation
Australian households are being squeezed from multiple directions at once, and a decision on Tuesday could make it considerably worse. Markets are pricing an 86% probability that the Reserve Bank of Australia will raise the cash rate by 25 basis points to 4.35% at its May 5 meeting, which
Investments
Brazil carries some of the highest real interest rates anywhere in the world right now, and that fact is quietly reshaping the country's investment map. With short-term rates pegged at 15%, the lagged effects of tight monetary policy are eroding purchasing power and restricting consumer spending. The Central
Investments
In a move that caught some investors off guard given the broader global uncertainty, Moody's Ratings revised China's credit outlook to stable from negative, describing it as a reflection of economic and fiscal strength that will remain resilient to ongoing domestic challenges and trade and geopolitical
Stocks
Something unusual is happening in Japan's government bond market, and it matters well beyond Tokyo. The benchmark 10-year Japanese government bond yield hit 2.496% in mid-April, the highest since 1997, with yields settling at 2.468% after the Bank of Japan's latest policy decision. For
Stocks
Indian equities kicked off May on a bullish note. The BSE Sensex climbed 997 points on Monday as Maruti Suzuki reported record total sales for April, up 33.29% year-on-year, with domestic sales hitting an all-time high of 191,122 units versus 142,053 the prior year. Auto stocks were