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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…
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DOI: 10.1108/OXAN-DB286511
ISSN: 2633-304X
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This is driving a rally in government bonds and equities. However, labour markets remain tight, fuelling wage growth and keeping services inflation above central banks’ 2…
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DOI: 10.1108/OXAN-DB283981
ISSN: 2633-304X
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The scope for looser policy remains uncertain given persistent inflationary pressures and the strength of the US labour market, while financial conditions are easier than when the…
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DOI: 10.1108/OXAN-DB284283
ISSN: 2633-304X
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Meanwhile, in the United Arab Emirates (UAE), a surge in green issuance from Emirati banks highlights the growth in a debt market that can help fund efforts to mitigate and adapt…
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DOI: 10.1108/OXAN-DB286226
ISSN: 2633-304X
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Geographic
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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…