According to the International Monetary Fund (IMF), the world economy is projected to grow by 4.9% YoY in 2022F, from an unusually high level in 2021F (5.9% YoY).
A quick look at the front end of the money markets in the US and UK tells you that traders and investors are primed for a relatively modest rate-hike cycle although...
The Fed is effectively spinning plates at the moment as it tries to keep the economy growing, inflation from surging, asset prices from imploding and international...
A plethora of central bank meetings this week will hog the headlines and possibly dictate short-term, if not longer-term currency movements.
Goodhart’s law, named after the British economist, Charles Goodhart loosely states that if policymakers start to target something it will misbehave.
The major central banks will all hold monetary policy meetings next week. But while some, such as the ECB and Bank of England seem to be suggesting that Omicron-related...
There may be question marks about the length and extent of the Fed’s upcoming monetary tightening cycle but there’s little doubt that bond purchases will slow down and...
Last week President Biden nominated Fed Chair Powell for a second term. Many people welcomed the continuity. However, with confidence in the Fed falling, does this...
USD is forecasted to continue its short-term rally within a longer-term downtrend.
Many policymakers have tightened monetary policy although their inflationary pressures seem to be smaller than the US.
The Federal Reserve could lift the fed funds target two times next year, not one. That’s more than most economists seem to expect but no more than is priced in by the...
National flag carrier Vietnam Airlines on November 16 officially received a permit from the US Federal Aviation Administration (FAA) to operate non-stop commercial...
There’s talk of a new Fed leader. Lael Brainard, one of the Fed governors is being considered for the top job once current Chair Powell’s tenure runs out next February.
A big issue for bond and currency markets is the extent to which central banks fall behind the curve as they look to respond to rising inflation.
Statistics about U.S inflation and the labor market are the two drivers for the Fed's actions in the coming time.
As some G10 central banks start to lift policy rates, or seemingly get close to rate hikes, so others that appear further behind in the rate-hike cycle are being dragged...
Just how the Fed and other central banks respond to the rise in inflation is clearly going to be critical for how financial markets perform.
Major currencies would be broadly stable ahead of next week’s likely announcement by the Fed that it will start to taper is bond purchases. But rather than a source of...
Global investors might be looking with some trepidation towards monetary policy normalisation by the Fed.
Stronger USD could contribute to a slight increase of 0.5-1% in USD/VND exchange rate in 4Q2021, said KB Securities.
U.S inflation will come down again; it is how much it comes down, that is the key.
Mounting inflationary pressure and more rate hikes should ensure that bond yields continue to climb.
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