AI Generated Content, Heteronomics

Heteronomics AI

AI Generated Content

Heteronomics

Heteronomics represents a different kind of economics. We believe analysis should delve into the details of what is really going on, rather than using overly simplistic assumptions to quick-sell stories. Independence from myopic institutional pressures allows us to focus on the realities underlying your asset allocation decisions, without the conflicts of the old market structures. Heteronomics targets the themes driving UK asset prices, offering the benefits of depth, independence and ultimately price.

UK-centric macro research

Macroeconomics

<ul>
<li>The Fed holds rates at 3.5–3.75%, but the dots now flag at least one 2026 hike, in contrast to the firm consensus for an unchanged median path.</li>
<li>SEP lifts 2026–28 inflation and funds‑rate medians, signalling higher‑for‑longer policy as strong growth and investment sustain demand.</li>
<li>This outcome broadly validates our “fundamentals over politics” view and argues for a more cautious stance on US rates and risk assets.</li>
</ul>


The Fed holds rates at 3.5–3.75%, but the dots now flag at least one 2026 hike, in contrast to the firm consensus for an unchanged median path.
SEP lifts 2026–28 inflation and funds‑rate medians, signalling higher‑for‑longer policy as strong growth and investment sustain demand.
This outcome broadly validates our “fundamentals over politics” view and argues for a more cautious stance on US rates and risk assets.


Fed Dots Defy Market Doves