The Red Fork in the Road
We were already expecting loose US fiscal policy and higher interest rates across the curve […]
FOMC Focused on Health of Labour Market and Success with Inflation
Unsurprisingly, the FOMC made clear it was too early to assess the economic implications of […]
Fed Continues To Dial Back Policy Restraint via 25 bps Rate Cut
Summary As widely expected, the FOMC cut rates by 25 bps at today’s policy meeting. […]
Fed Review: In a Good Place After All
The Fed cut rates by 25bp in its November meeting, as widely expected. Powell delivered […]
October CPI Preview: Disinflation Is Getting Harder
Summary The October Consumer Price Index will likely show that progress in wringing out the […]
Dollar Reverses Post-Election Gains as Markets Seek Clarity on Fed’s Rate Path
Dollar continued to weaken in early US session, erasing the strong gains it enjoyed following […]
Japanese Yen Stabilizes After Post-Election Slide
The Japanese yen has steadied on Thursday after plunging 2% a day earlier. In the […]
After Outsized Politically-Driven Repositioning, Markets Return to Normal Dynamics
Markets The Republican hattrick trigged the most pure version of the America First trade. US […]
Chapter Two
The 2024 US election delivered a decisive victory for Donald Trump, with Republicans positioned to […]
Fed rate cut expected with Powell’s tone on inflation in focus
Fed is widely anticipated to announce a 25bps rate cut today, lower the federal funds […]
Global Takeaways of the U.S. Election
Summary In this report, we examine some thematic and global takeaways from the U.S. election. […]
US initial jobless claims rises to 221k vs exp 220k
US initial jobless claims rose 3k to 221k in the week ending November 2, slightly […]