SNB: Zero Rate, Rising Policy Dilemmas
The SNB holds its policy rate at 0% in line with consensus. Markets now expect a prolonged pause, with little chance of negative rates in the near...
184 Views
BSP Cuts Near Endpoint Amid Structural Headwinds
The BSP unsurprisingly cut rates by 25bps to 4.50% and signalled the cycle as near its end despite weakness; this matched the consensus but marks...
178 Views
BoC: Structural Pause at 2.25%
The BoC held the policy rate at 2.25%, matching the consensus, and framed this as a pause near neutral that likely extends the horizon for stable...
174 Views
Brazil’s High-Rate Path
Brazil's Copom unsurprisingly held the Selic at 15%, signalling a prolonged, highly contractionary stance to force inflation back toward the...
1 Views
Dual Mandate, Divided Fed: 2026 Crossroads
The Fed cuts by 25bp for the third time, but hawkish dissent is deeper than voting suggests. Six members judged rates should still be 3.875%, and...
9 Views