From a climate change perspective, 2021 was another remarkable year. While not the warmest year on record, a host of extreme weather events and...

We concur with the central bank’s (BSP) view that the current rise in inflation in the Philippines is for the most part transitory, reflecting...

The government has announced a record spending plan in the 2022 Budget to spur the post pandemic recovery. Measures include an increase in cash aid...

The Delta coronavirus variant poses the greatest risk to the global economy, according to our latest survey of risk perceptions. More respondents...

We now expect the long-run nominal neutral policy rate – i.e., the rate at which the economy is in equilibrium and monetary policy fully normalized –...

Inflation in advanced economies is set to rise this year to the highest rate in a decade. This has sparked fears of a shift to a high inflation...

Global bond yields have risen sharply over recent weeks to become more in line with fair value. Previous episodes have demonstrated that what starts...

Banks entered the coronavirus crisis with stronger balance sheets and supported the economy with emergency lending, as did government guarantee...