EM Policy Credibility — Weekly Briefing (2026-10-12)
This week's largest move was Ecuador, which deteriorated -5.7 points to 52.3 (from 58.0), driven by Credibility Gap.
Movers this week:
- Ecuador: 58.0 -> 52.3 (-5.7), driven by Credibility Gap.
- Guatemala: 62.1 -> 58.9 (-3.3), driven by Behind the Curve.
Data caveat: 7 source(s) are currently degraded (BIS_POLICY_RATES, EMBER, EPU, FRED_CPI, IMF_CTOT, OECD_CPI, WB_NIGHTLIGHTS); figures that depend on them may lag and this briefing may not reflect the very latest readings.
Movers
| Country | Before | After | Change | Driver |
|---|---|---|---|---|
| Ecuador (ECU) | 58.0 | 52.3 | -5.7 | Credibility Gap |
| Guatemala (GTM) | 62.1 | 58.9 | -3.3 | Behind the Curve |
Data caveat: the following sources are currently degraded and may lag: BIS_POLICY_RATES, EMBER, EPU, FRED_CPI, IMF_CTOT, OECD_CPI, WB_NIGHTLIGHTS.