Policy
German Inflation Continues To Show Some Strength…
Trimmed Mean PCE: Disinflation Is No Longer Broadening…
Could the Euro Be Set For A Rebound…
May FOMC Preview
May FOMC…
Investors anticipate a record growth gap between the US and the Eurozone in 2024. Does this skewed expectation create market opportunities?
The latest edition of our Big Bank Beige Book suggests the expansion remains intact, though weakness in C’s private-label credit card portfolio could be a harbinger of distress among lower-income consumers. We remain tactically neutral with a bias to turn defensive once clearer signs of a recession emerge.
BoJ Stays Put Amid Downside Inflation Surprise…
What Is Driving The CAD?…
BoE Needs To Weaken Economy To Kill Inflation…
Our latest views on the recent increase in Treasury yields and some key things to watch at next week’s FOMC meeting.