“Home stretch” for the end of the tightening cycle
Central banks are thought to be in the home stretch when it comes to policy tightening.
Central banks are thought to be in the home stretch when it comes to policy tightening.
In recent weeks, we have seen US Treasury yields rise, and we have also seen market expectations for the Fed’s terminal rate increase as well.
News that the NY Fed’s widely-followed measure of global supply chain pressure returned to ‘normal’ levels for the first time in two-and-a-half years might offer...
FED, ECB and Bank of England will all probably hike policy rates this week, but not necessarily by the same amounts.
Over the holiday period there’s been an interesting debate about inflation stirred by former IMF chief economist, Olivier Blanchard.
There will be a sufficient and long-term rebalancing of consumption and investment that facilitates the necessary supply-side improvements that extinguish inflation...
There has been much written about how the strength of the US labour market could prove a headwind to lower inflation and hence a headwind to lower policy rates from the...
There have been some tentative signs of a turn for the dollar as hopes of less aggressive monetary tightening begin to rise and asset prices, such as stocks, make a...
It seems widely assumed that the Federal Reserve will take policy rates up to a certain level, hold them there through 2023 and early 2024 and then start to cut.
One way to explain USD strength is to note that there is
The FED may continue to raise rates in the current and some following months due to inflationary pressure before cutting back by the end of 2023.
FED Chair Powell says that the US will experience “pain” in reducing inflation to target.
We’re hearing the argument more and more now that the recent easing of US financial conditions will make the Fed go harder with its rate hikes.
From the beginning of August 2022, many more banks including commercial banks with state capital have raised the interest rate offered on savings accounts to attract...
If financial asset prices such as bonds, stocks, credit and more all rally aggressively, financial conditions could ease back and actually force the Fed to go even...
Rising global inflation is still among the top world news stories these days. US inflation has now hit an all-time new record of 9.1 percent. This is undoubtedly causing...
Amid high inflation, the million-dollar question is, how will regional central banks respond?
Last week, we spoke about whether there is a case to be made for intervention now, or in the future, to weaken the dollar.
Inflation in the United States appears to have peaked, prompting the Federal Reserve to be cautious in raising interest rates, easing downward pressure on gold prices...
The Federal Reserve (FED) is massively behind the curve given the surge in inflation, and now it is in the process of catching up. This is, however, unlikely to go as...
The rise in the US dollar in anticipation of a rate hike by the Federal Reserve (FED) could continue to weigh on gold prices.
It will likely lead to a choice whereby policymakers will have to decide whether to accept higher levels of inflation, or to drive economies into recession.