GLOBAL MACRO INSIGHTS

Inflation’s Grand Illusion: The Fed’s Tightrope Act and Wall Street’s Wishful Thinking

In a twist that should surprise absolutely no one, the core inflation in the United States declined for the fourth consecutive month in July. This...

Fed’s Decision: Market Optimism and Economic Realities

Last week, the Federal Reserve maintained its interest rates at the highest level over two decades, subtly hinting at possible future rate cuts. Jerome Powell,...

FED Decision Analysis

The Federal Open Market Committee (FOMC) has decided to keep its benchmark interest rate steady at 5.25% to 5.5%, maintaining the highest level seen over...

The Fed remains inflexible, but does it still have a course?

Two Federal Reserve officials reinforced their message in favour of higher interest rates and for a longer period, stressing the need for patience as the...

The Fed keeps its rates unchanged

Policymakers left interest rates unchanged at 5.25% to 5.5%, the same level they have been since July. Jerome Powell maintained hope for a cut this...

US interest rates, back to the realities

The Fed’s view that the recent high inflation figures were transitory must now be reassessed. After a third consecutive month of price increases and the...

FED leaves rates unchanged and remains vague about the future

Interpreting the Fed’s decision is more complicated than what the market wanted to take away. The good news is that Fed officials maintained their forecast...

BOJ opens a new era

The Bank of Japan has ended the most aggressive monetary stimulus program in modern history, removing the last negative interest rate in the world and...

The Fed will take a pragmatic and data-dependent approach

Rates rose in 2022 and 2023 at the fastest pace in four decades as the central bank sought to contain inflation. Today, as price pressures...