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Eastern Europe's rate policies diverge with Czech cut

Location:

EASTERN EUROPE

The NBP is not cutting interest rates further partly because of tensions with Prime Minister Donald Tusk’s pro-EU government, following the defeat of the nationalist Law and…

Low savings limit Japanese spending and GDP growth

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JAPAN

The economy slowed sharply in the second half of 2023. Consumption is lower than a decade ago, as a consequence of population ageing and insufficient savings, which reflects a…

ECB and Fed to delay rate cuts to sustain disinflation

Location:

EU/US

Disinflation is underway on both sides of the North Atlantic, but it is not yet deeply entrenched, giving both central banks a reason to delay cuts. The ECB must contend with…

Interest rate uncertainty keeps pressure on US bonds

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INTERNATIONAL

The Fed and ECB seem set to diverge, with the latter expected to cut rates in June. There is a rising prospect, bolstered by the resilient US labour market and Middle East…

China will boost grain supplies

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CHINA

President Xi Jinping has repeatedly cited food security as one of his top strategic priorities. Amid geopolitical tensions and global supply chain disruption, recent years have…

Egypt's economy will stand on firmer ground

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EGYPT

Its actions included floating the currency, which triggered a major devaluation, and a 600-basis point increase in its benchmark interest rate to 27.75%. Meanwhile, the government…

Foreign workers will ease Japan’s labour shortage

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JAPAN

Near-stagnation in wages is difficult to reconcile with reports of a very tight labour market in which firms struggle to hire. The answer lies partly in much higher levels of…

South Korea will regain growth momentum

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SOUTH KOREA

Separately, the head of Samsung Electronics -- the cornerstone of the Samsung Group, which contributes around 20% of South Korea’s GDP -- has been cleared of wrongdoing in a…

Belarusian economic recovery may not last

Location:

BELARUS

At first glance, the economic performance observed last year seems impressive. However, the robust growth rate concealed many of the country's endemic economic flaws. Much of the…

Sea-level rise to necessitate adaptation globally

Location:

INTERNATIONAL

With ongoing sea-level rise now considered inevitable, and climate change mitigation efforts serving only to limit, rather than avert, the risks, adaptation will be a necessity in…