- In one line: Compelled by the US’ tariff war, and allowed for by a resumption of sub-1% inflation.
Miguel Chanco (Chief EM Asia Economist)Global
- In one line: Expect at least two more consecutive 25bp cuts.
Miguel Chanco (Chief EM Asia Economist)Global
In one line: Holding at a 46-month low, but will rise again soon; Swiss retaliation to US tariff hikes poses an upside risk.
Melanie Debono (Senior Eurozone Economist)Global
- In one line: Keeping its powder dry, but we’re not quite sure why.
Miguel Chanco (Chief EM Asia Economist)Global
- In one line: Expect one more—final—cut in Q2, after today’s surprise reduction.
Miguel Chanco (Chief EM Asia Economist)Global
- In one line: Patience is a virtue, in this climate.
Miguel Chanco (Chief EM Asia Economist)Global
- In one line: The first cut is finally here; expect at least one more by mid-year.
Miguel Chanco (Chief EM Asia Economist)Global
In one line: No signal on the level of the neutral rate.
Melanie Debono (Senior Eurozone Economist)Global
- In one line: A genuine surprise; at least three more cuts this year.
Miguel Chanco (Chief EM Asia Economist)Global
- In one line: An anti-climactic end to the year.
Miguel Chanco (Chief EM Asia Economist)Global
- In one line: A pause that will probably hold for the first few meetings in 2025.
Miguel Chanco (Chief EM Asia Economist)Global
- In one line: A halfway-house approach in response to the grim Q3 GDP.
Miguel Chanco (Chief EM Asia Economist)Global
