Despite a constructive response to U.S. policies, weak growth and fiscal woes have increased recession risks. In this LatAm Views, we discuss the takeaways from our investor trip, including the government’s reaction to the U.S. policy shift, as well as fiscal, energy, and monetary policy prospects.

New 10% tariffs on $450–500bn of Chinese imports escalate U.S.-China trade tensions. China responded with tariffs on U.S. energy and agriculture, and...

In this second edition of the D.C. Digest, we examine President Trump's tariff actions, including the objectives behind the imposition of these proposed tariffs and whether President Trump has the authority to take these actions.

The Institute of International Finance (IIF) has published a Special Edition of the Sustainable Finance Monitor

This week’s Digital Finance Developments checks in on the evolving policy landscape for digital assets, discussing in-progress changes in the U.S. and adjustments being made elsewhere, including a status update from global standard setters.

Nearly $7 trillion was added to global debt in 2024, marking a new record annual high of $318 trillion.

This piece discusses the growth, issuance, investment, regulation, and market conditions of China's Panda bonds. We expect great growth potential for this bond market thanks to more friendlier regulation and attractive RMB funding costs.

This note examines the impact of labor hoarding on euro area employment, labor costs, and the region’s inflation outlook.

At 63%, the median government debt/GDP ratio for mature markets is now over 6 percentage points lower than a decade ago. Japan, France, Australia, Canada and Finland saw the largest increases in debt ratios, while the most significant declines were seen in Ireland, Cyprus, Portugal, and Netherlands.

Trump’s reciprocal tariff plan targets goods and VAT asymmetries to align U.S. tariffs with trading partners. We analyze Emerging Market vulnerabilit...

Total frontier market (FM) debt surged by over $160 billion in 2024, reaching nearly $3.8 trillion—the fastest accumulation since 2021. Government borrowing led the increase, with Pakistan, Kenya and Romania seeing the largest buildup.

The BoK paused its rate cutting cycle in January in the face of heightened FX volatility in large part driven by a surge in domestic political uncertainty. We see the BoK resume its cutting cycle in February to a (below-consensus) low of 2% in 2025 as downside growth risks continue to dominate.

This note focuses on key challenges facing Turkish authorities, particularly the factors contributing to a slower-than-projected disinflation process.

Portfolio flows to EM stood at $35.4 bn in January. Equity and debt flows were -$9.6 bn and $45 bn. Chinese equities posted $2.0 bn in inflows.