Macro

Find the latest macro analysis and insights

BOJ’s hawkish hold: target reached, more rate hikes to come
  • 11 hours ago

The BOJ kept rates unchanged but signalled further tightening as inflation risks persist and underlying inflation remains near target. With the Fed similarly focused on inflation, monetary policy i...

Take Two: Central banks on hold
  • 11 hours ago

What do you need to know? The Federal Reserve decided to keep interest rates on hold at 3.75%-4% by a vote of 10-2, with two of the 12-member committee favouring a 25-basis-point rise. The Fed stat...

Market Barometer: November 2026
  • 11 hours ago

The end of the beginning or the beginning of the end? Find out in CCLA’s November Market Barometer – a monthly macro outlook from our investment team.

Week of November 2, 2026
  • 11 hours ago

Explore this week’s Macro Charts covering labor market developments in the U.S., interest rate decisions in Australia, central bank balance sheet adjustments in Japan, and trade data from Canada an...

CIO Weekly: Seeing the Rate Hikes Through the Holds
  • 11 hours ago

Last week’s rate holds at several major central banks shouldn’t be read as pauses yet. Hikes are coming.

Defiant consumers?
  • 11 hours ago

Friday's market moves are attention grabbing, but economically more muted. The crypto gyrations are speculation, with little real world relevance (beyond the alleged boost to North Korea's GDP). Th...

Macro Pulse for November 1: Halloween Special: The AI Boom Gets Spooky
  • 01 Nov 2026

For this year’s Halloween special, we’ve rounded up a few of AI’s scariest charts: from risks already emerging to scenarios we hope stay fictional.

Fed Holds Rates Steady: A Matter of Time
  • 28 Oct 2026

The Federal Reserve (Fed) held rates steady at 3.75–4.00%, even as markets price in more tightening amid persistent inflation. Sharp commodity moves and mixed growth signals are making the Fed's ob...

UK budget – snapshot reaction: Gilt markets reassured, but tougher choices lie ahead
  • 28 Oct 2026

Chief UK economist, Vasileios Gkionakis, gives his initial reaction to Chancellor John Healey’s budget