Fiscal Policy
Politics
Coverage of fiscal and monetary policy, regulation, taxation, and geopolitical decisions that influence markets and everyday life. We break down government action and its economic impact.
Monetary Policy
Colombia's Banco de la República Just Raised Its Benchmark Interest Rate Three Times in Six Months. Here Is the Full Picture.
Monetary Policy
Romania's Consumer Price Index Inflation Is at 9.7%. It Is the Highest in the EU. The National Bank of Romania Is Caught Between Two Painful Choices.
Fiscal Policy
Saudi Arabia's Vision 2030 Projects Were Put on Hold. The Iran Deal Just Reopened the Timeline.
Fiscal Policy
Bangladesh, Sri Lanka, and Nepal Were Already Fiscally Stretched. Cheaper Oil Is the Relief They Were Waiting For.
Monetary Policy
Japan Just Raised Rates to 1% for the First Time Since 1995. Here Is Everything You Need to Know.
Monetary Policy
Falling Oil Prices Have Changed the Rate Calculus for Central Banks Across Asia and Europe. Here Is How.
Fiscal Policy
China's PBOC Implements Targeted Liquidity Measures Rather Than Broad Stimulus
China's central bank took a measured policy approach this week, targeting specific liquidity bottlenecks rather than implementing broad economic stimulus. People's Bank of China Governor Pan Gongsheng announced a series of financial sector measures, including steps to increase the use of overnight reverse repo operations, narrow
Monetary Policy
Federal Reserve Signals Higher-for-Longer Rates as Inflation Forecasts Rise
The US Federal Reserve surprised markets this week with revised inflation projections and explicit signaling of prolonged high rates. The updated Federal Reserve projections showed the median policymaker expecting modest tightening by year-end, a notable shift from March projections which had pointed to rate cuts, with nine of 18
Monetary Policy
Brazil's Central Bank Signals Caution on Rate Cuts as Inflation Surprises to Upside
Brazil's Central Bank delivered a cautious message this week, maintaining rate cuts but signaling potential pauses if inflation pressures intensify. While the central bank is still likely to continue cutting rates by 25 basis points at upcoming meetings, taking the Selic rate to 13.0% by year-end,
Monetary Policy
South Africa Raises Rates as Inflation Breaks Above Central Bank Comfort Zone
South Africa's Reserve Bank took decisive action this week, raising the repo rate from 10.25% to 10.5% in response to inflation breaching the central bank's comfort threshold. South Africa's inflation rate jumped from 3% to 4%, prompting the Monetary Policy Committee of
Fiscal Policy
India's Capital Spending Just Hit an All Time High. The Fiscal Deficit Is Falling at the Same Time.
India's Union Budget for the 2026 to 2027 financial year set government capital expenditure on track to cross Rs12 lakh crore, equivalent to roughly $144 billion, marking a year on year increase of approximately 10%. As a share of GDP, that level of capital spending represents an all