The base case remains for a 25bp rate cut by the Federal Reserve in September (i.e. this Wednesday) even though inflation is still running well above the 2% tar... Read More»
“Trump and hubris” is a phrase that has come to mind of late.
It in part refers to the American president’s undoubted growing confidence that his tariff agen... Read More»
The Federal Reserve statement at the last FOMC meeting in March displayed no concern about the then 67bp rise in the 10-year Treasury bond yield since the previ... Read More»