Europe Exorcises Its Inflation, The US Stays Haunted
Wild hopes for US rate cuts got shattered, exactly as we predicted. But given the different incentives that the Fed and ECB now face, the relative pricing between the Fed and the ECB could widen further in the coming months. We discuss the implications for rates, the dollar, and the relative positioning in US versus European equities.
Interested in reading this report?
To access the full BCA Research report, request a complimentary copy
BCA Research | Counterpoint
A global macro strategy which uniquely synthesizes macroeconomics with psychology, behavioural finance, non-linear systems, complexity, and fractal analysis.
Stay Connected with BCA
Get our latest events and research insights delivered to your inbox.