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 minutes confirm that the unsurprising 25bp September hike had unanimous backing, including from non-voters, and that most officials favoured another increase by year-end.</li>
<li>Several saw policy as only mildly restrictive, while a couple explicitly raised their neutral-rate estimates, reinforcing a higher-for-longer stance.</li>
<li>Softer post-meeting inflation and payroll data favour an October pause, but our call for a December rate hike remains likely.</li>
</ul>


The Fed minutes confirm that the unsurprising 25bp September hike had unanimous backing, including from non-voters, and that most officials favoured another increase by year-end.
Several saw policy as only mildly restrictive, while a couple explicitly raised their neutral-rate estimates, reinforcing a higher-for-longer stance.
Softer post-meeting inflation and payroll data favour an October pause, but our call for a December rate hike remains likely.


Fed: Hawkish Minutes, Softer Data