In one line: All set for doves to take charge of ECB policy over the summer.
Claus Vistesen (Chief Eurozone Economist)Global
In one line: Below zero; brace for a 50bp cut from the SNB.
Melanie Debono (Senior Eurozone Economist)Global
- US - Weaker consumers’ spending and higher core inflation lie ahead
- EUROZONE - Soft inflation data signal dovish ECB and SNB meetings in June
- UK - Forecast review: Stronger growth and sticky inflation take away a cut
- CHINA+ - China’s residential market enjoying only a modest boost
- EM ASIA - India’s investment-led Q1 leap is unreliable; consumers still in doubt
- LATAM - Solid start for Chile’s Q2 growth; subdued inflation pressures in Peru
ian shepherdson (Chief Economist, Chairman and Founder)Global
In one line: Manufacturing remains under pressure.
Oliver Allen (Senior US Economist)Global
- In one line: Recovery maintaining a solid pace, but external headwinds still loom.
Andrés Abadía (Chief LatAm Economist)Global
- In one line: Near-zero inflation is once again around the corner.
Miguel Chanco (Chief EM Asia Economist)Global
- In one line: A partially welcome collapse in the surplus.
Miguel Chanco (Chief EM Asia Economist)Global
- US- Labor market weakness will emerge, but not before July’s FOMC meeting
- UK-Strong growth and inflation mean an August skip
- EZ-Labor market weakness will emerge, but not before July’s FOMC meeting
- CHINA- Growth worries likely to delay the BoJ’s rate normalisation
- EM ASIA- BI’s easing cycle back in play, with 75bp more cuts by end-2025
- LATAM -Strong start to 2025 for Brazil and Colombia masks challenges ahead
ian shepherdson (Chief Economist, Chairman and Founder)Global
In one line: Services downturn clouding manufacturing’s recovery.
Melanie Debono (Senior Eurozone Economist)Global
- In one line: Back in business; at least 75bp in more cuts to come this year.
Miguel Chanco (Chief EM Asia Economist)Global
- US - How stimulative will fiscal policy be if the “Big Beautiful Bill” passes?
- EUROZONE - Swiss economy galloping in 2025, though growth is now slowing
- UK - MPC preview: dovish shift, but not as much as the market expected
- CHINA+ - Japan’s weak Q1 GDP print reinforces BoJ’s decision to pause
- EM ASIA - US front-running boosts Thailand’s Q1, but it’s all downhill from here
- LATAM - Banxico delivers another 50bp rate cut amid weak growth
ian shepherdson (Chief Economist, Chairman and Founder)Global
In one line: Headed for 2% over the summer; enough for two more ECB cuts?
Claus Vistesen (Chief Eurozone Economist)Global
- In one line: Q1 surge driven by agriculture; broader gains show resilience.
Andrés Abadía (Chief LatAm Economist)Global
- In one line: Banxico cuts again but strikes a cautious tone.
Andrés Abadía (Chief LatAm Economist)Global
- In one line: More food disinflation to come in May; the 2025 consensus remains far too high.
Miguel Chanco (Chief EM Asia Economist)Global
- US - Inflation outlook little changed by China deal, but exports will be firmer
- EUROZONE - The US-China trade deal is worth less than markets believe
- UK - MPC preview: dovish shift, but not as much as the market expected
- CHINA+ - China considering a major overhaul of its housing-market model
- EM ASIA - Philippines’ Q1 wasn’t that bad but may be as good as it gets for 2025
- LATAM - Brazil’s COPOM sticks to the script but signals a long pause
ian shepherdson (Chief Economist, Chairman and Founder)Global
- In one line: Inflation steady in April, but underlying pressures persist, for now.
Andrés Abadía (Chief LatAm Economist)Global
- In one line: Underlying pressures remain in check, despite a bad start to Q2.
Andrés Abadía (Chief LatAm Economist)Global
- In one line: Disinflation resumes, and the near-term outlook remains benign.
Andrés Abadía (Chief LatAm Economist)Global
- In one line: COPOM slows pace; signals prolonged hold on rates.
Andrés Abadía (Chief LatAm Economist)Global
