The Fed looks set to re-start rate cuts next week and could take the fed funds target rate down by as much as 150-bps by the middle of next year. However, we doubt rates...
Those pushing for lower rates from the Fed, such as Governor Waller cite well-anchored inflation expectations as one reason to act. But many analysts think that this is...
FED independence has increased over time and inflation has come down. But correlation is not the same as causation.
According to many analysts, the gold price is unlikely to rise sharply next week after the Jackson Hole Symposium because investors remain cautious.
The current economic slowdown pushes the Fed to lower rates to around neutral, or even lower, but persistent inflation forces Fed to ‘tweak’ rates back up, possibly late...
The narrowing VND-USD interest rate differential during July helped curb the upward pressure on the exchange rate. However, pressure on USD/VND will remain big by...
The Fed has not cut rates so far this year but FOMC members forecast two rate cuts in 2025 at their June meeting and the market is priced for two cuts as well.
If interest rates have any bearing at all on currencies, it is in real (inflation-adjusted) terms, not nominal terms. So, the fact that the Fed looks as if it will cut...
Many economists and financial markets are banking on only a modest and temporary lift to US inflation from tariffs.
Adverse shocks to supply tend to lift inflation and lower growth.
The Personal Consumption Expenditure Price (PCE) index, the Fed's preferred measure of inflation, will be released on Friday and could significantly impact gold prices...
If inflationary pressure is caused by this deglobalisation trend, and not the undermining of central bank independence, then it is likely to be experienced by all...
MBS expects the Vietnamese average CPI for 2025 to increase by 3.9% yoy - lower than the government’s target of 4.5% - 5%.
The US dollar has fallen by as much as 6% this quarter against other developed currencies (on the DXY index).
As tariffs are thought to produce a one-time lift to US inflation, so the lift to the dollar may prove temporary and not permanent.
It may be necessary to accept a certain level of higher inflation because injecting more money into business requires this trade-off.
The higher-than-expected US CPI data for January may cause FED to slow its rate cuts in 2025.
The FED could see plenty more evidence of rising inflation expectations before considering action amid Trump’s tariffs.
In 2024, the Vietnamese banking industry faced continuing headwinds with flexible policies on sectoral administration and inflation control and strong restructuring...
There’s pretty widespread agreement that US tariffs will lead to lower growth than would have otherwise been the case, and higher inflation.
Economists have identified a range of factors that may exert inflationary pressure in 2025, including geopolitical risks, global trade disruptions and domestic...
It seems to have been inflation expectations that have accounted for a bigger proportion of the rise in bond yields recently.
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