Eurozone – Rate Cuts in 2024 Not Guaranteed This Year
Threats arising from persistent inflation could prevent the European Central Bank (ECB) from cutting interest rates this year, even though a recession cannot be ruled...
Tag: inflation
U.S. Inflation Dampens Arguments for a Fed Rate Cut
U.S. inflation accelerated in December to 3.4%, the sharpest rise in three months. Americans paid more for housing and driving, casting doubt on investors’ bets...
A $2 Trillion Debt Case for Higher Rates for Longer
The bond market has spectacularly turned upward in the developed world, pushing yields down and perhaps too quickly forgetting about the soaring budget deficits. In...
2024, a High Geopolitical Risk
After 2023, an excellent year for risky assets despite the war in Europe and the Middle East and an increasing confrontation between the United States...
The ECB Under Market Pressure
Inflation in the eurozone accelerated in December, highlighting the challenge of reaching the 2% target set by the European Central Bank as governments withdraw support...
The Fed still anticipates that interest rates will remain high for some time
Policymakers agreed last month that it would be appropriate to maintain a restrictive stance “for some time” while acknowledging that they were likely at the...
The Gaza conflict is another issue for central bankers
Two European giants in oil and gas declared on Monday that their oil tankers would avoid the waters off the coast of Yemen, a crucial...
Is the Fed right to lean towards investor optimism?
The Federal Reserve now believes it can have the best of both worlds: contain excessive inflation without pushing the economy into a recession. Powell surprised...
Who is right: the market or the FED?
Long-term Treasury bond options show that the outstanding open positions predicting a bond rally and lower interest rates are 2.5 times larger than those protecting...