Underlying inflation trend and inertia: 3.9 percentage points for 2024 and 3.5ppt for 2025. Food prices: 1.6ppt for 2024 and ...

Finance Minister Lan Fo’an noted that the outstanding scale of hidden debt was around RMB14.3tn; with the measures approved ...

Trump would likely try to counter any strength in oil prices as a result of this by pressuring OPEC+ to increase output. This ...

The BoE and Fed delivered largely anticipated cuts, but were reluctant to provide more guidance. Treasury and Gilt yields ...

A large portion of the election move in the dollar has been unwound. That, to us, looks more like a positioning adjustment ...

What surprised James Smith this week was just how unsurprising the market’s reaction was to Donald Trump’s landslide election victory. Markets have made their mind up on what his second term means for ...

The US Fed has cut its policy rate by 25bp. They acknowledge that policy remains restrictive and that further cuts are likely ...

Thursday’s NBP press conference hasn’t changed our conclusions from yesterday’s press release. The committee’s stance has ...

We expect oil and European gas prices to fall throughout 2025, with both balances looking more comfortable. The macro and ...

ING’s Carsten Brzeski on the new challenges Europe now faces after Donald Trump’s stunning election victory. This may, however, be the kick the continent needs to sort out its deep-seated structural ...