FOMC: ‘Twas the Meeting Before Rate Cuts
Summary As was widely anticipated, the FOMC left the fed funds rate unchanged at the […]
Fed Review: Mindful of Risks
The Fed made no changes to its monetary policy in the July meeting, as widely […]
Bank of Japan Hikes Rates Further, Slows Bond Buying
Summary The Bank of Japan (BoJ) sprung a mild surprise at today’s announcement, raising its […]
What to Expect from Markets in the Run Up to US Elections?
Presidential race dominates headlines and complicates Fed’s job Equities suffered in the two months leading […]
China Set To Miss Annual Growth Target
And The Third Plenum Suggests No Major Economic Model Adjustments Summary Recent GDP and activity […]
Stagflation from Higher Tariffs: 1970s Redux?
Summary President Biden recently hiked tariffs on $18 billion worth of imports from China, and […]
RBNZ to Deliver Some Pre-Xmas Cheer in November
Today’s CPI showed some welcome reduction in headline inflation. Services sector inflation is easing only […]
Gold’s Astounding Rally and the Challenges Ahead
Gold gains around 18% year-to-date But is it time for the uptrend to cool down […]
A September Fed Rate Cut Could Lead to Easing Spree During end-2024
Market prices in at least two rate cuts from Fed ECB, BoE expected to follow […]
What Would RBNZ Need to See to Start Cutting?
Surprisingly, the RBNZ’s July OCR Review was markedly less hawkish than the May Statement. The […]
June CPI: September Rate Cut Incoming
Summary This morning’s CPI report was arguably the most encouraging one the FOMC has received […]
RBNZ Review: Keeping It Tight… For a While
The RBNZ left the OCR at 5.5% as expected. The RBNZ took a more dovish […]