We continue to anticipate that the Fed won’t pause its tightening cycle until Q1 or Q2 of 2023, and current labor market trends certainly give no indication that a Fed pause (or “pivot”) is imminent.
Listen to a short summary of this report. Executive Summary A Beacon Of Hope For AUD Along with the Canadian dollar, the Aussie has been one of the best performing currencies during a broad-based dollar…
Listen to a short summary of this report. Executive Summary Housing Activity Should Start To Stabilize By The End Of The Year Home prices in the US are set to decline, almost certainly in real terms and…
Listen to a short summary of this report. Executive Summary A Tremendous Inflow Into US Government Bonds Multiple frameworks exist for managing currencies. These include forecasting growth…
Executive Summary Structural Tailwinds For The Franc Volatility in FX markets is likely to remain elevated, as witnessed by the reaction of a full circle of central bank meetings this week.Policy convergence remains a good bet for…
Executive Summary The Market Has Priced An Aggressive Path For US Rate Hikes The Federal Reserve has joined other G10 central banks in increasing interest rates this week. However, this has been well priced by both the…