Fed Still Intent on Lowering Policy Rate Despite Inflation Uncertainties
Markets have become more hawkish than the Fed for the first time since 2013. Meanwhile, the PCE deflator points to a disinflationary trend....
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Implications of Immigration on Future Fed Policy Conduct and US Equity Returns
US immigration's future impact on the political, economic and financial landscapes could be very considerable. Fed policy could be affected by...
275 Views
Yen Weakness Not Solely Due to Bank of Japan as Corporates Play a Critical Role
Th yen has been weakening since 2013. Policy easing by the BoJ explains part of the trend, but corporations have played a role. Cash hoarding at...
305 Views
Secondary Indicators of Fed Policy Do Not Indicate Overly-Restrictive Stance
The secondary indicators of Fed's policy stance cast doubt in Chairman Powell's view of restriction. Buoyant commodity prices and risky assets...
284 Views
Latest Fed Policy Guidance Signals Green Light for Melt-Up in US Risky Assets
The Fed has left forward guidance unchanged, indicating three possible policy rate reductions in 2024. An early introduction of QT tapering will...
244 Views