Heading into the latest RBA meeting it was reasonable to expect a more bullish decision as the Q4 2022 headline inflation data rose to 7.8% from 7.3%. This was a…
The last ECB decision saw a hike by 50 bps as expected taking the rate up to 3.50%. Now, what was interesting was the shift in forward guidance from the…
Heading into the meeting the Bank of England was expected to hike interest rates by 50bps to 4%. The Bank hiked with a 7-2 vote split. Two voters, Tenreyro and…
The Fed did a quick u-turn from December’s dot plot with Powell open to lower rates should the data dictate a lower terminal rate was needed. The Fed saw disinflationary…
It’s possible. On Wednesday the Fed took a marked shift in tone from the December meeting. The Fed hiked by 25bps as expected, but it was always going to be…
Oil markets have reasons for higher prices in principle. China’s re-opening should stimulate demand, OPEC is expected to keep production levels unchanged, hopes of a dovish Fed, and the EU…
This is the time when the two competing narratives over the Fed’s path of rates get to test each other. STIR markets have been pricing in two rate cuts this…
The Bank of Canada increased interest rates by 25bps to 4.50% on January 25 as expected. The Bank of Canada has been reasonably happy with the progress made on inflation…
This week saw the market digesting a slew of big-name earnings at the same time as focusing firmly on what the Fed would do next week during the Fed’s blackout…
It was Australia’s inflation data this week that raised expectations for a more aggressive RBA. All the inflation metrics beat across the board and both, the trimmed mean and weighted…