Summary At their respective monetary policy meetings this week, central banks in Australia and New Zealand remained relatively comfortably on hold.The Reserve Bank of Australia (RBA) held its Cash Rate at 4.10%, while the Reserve Bank of New Zealand (RBNZ) held its Official Cash Rate at 5.50%. For Australia, the RBA said that the economy […]
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Switzerland’s KOF Economic Barometer declined from 103.0 to 101.7 in February, missing expectations of 102.1. The data suggests weakening momentum in the economy, with most production-side sectors facing increasing pressure. According to KOF, manufacturing and Read more…
BoE Deputy Governor Dave Ramsden indicated a shift in his inflation outlook, stating that he no longer views risks to achieving the 2% target as skewed to the downside. Instead, he now sees inflation risks Read more…
Markets The stars aligned for a significant risk-off correction yesterday. First and foremost, the market narrative changed since the end of last week with investors attaching a higher probability to a mid-term US recession. Especially Read more…