We look at the maturity dimension of central bank asset purchases. We show how the average maturity of central bank bond holdings has been evolving, a

Inflation is back in its target range, driven lower by moderation in food prices, and we expect it to hover around 5% in H2 2017. In the absence of a

The central bank cut its key policy rate in line with the consensus by 25bps to 9%.' With the 12-month headline inflation close to its target, the cen

Why is Retail Employment Falling so Sharply? We examine whether changing shopping habits can explain large job losses. Our results show that the subs