The latest data reaffirm there is not a good case for cutting rates this year. The price action in gold is a sign of inflation concerns, loose monetary policy, a…
Read More
Rising share prices are not inflationary per se. But new highs in stocks, combined with record house prices, are putting some downward pressure on the labour force participation rate. Excess…
What’s the Rush? This was the question posed by Governor Waller in his speech last Thursday. The bond market has now coalesced around the Fed’s projected path for the federal…
Strong growth in renewable energy provided an important offset to China’s property woes last year. At the same time, US officials have warned China that Washington and its allies will…
The core services ex-energy & shelter CPI climbed 0.70% m/m in January, the largest m/m gain since September 2022. On a 3- & 6-month annualised basis, this measure of core…
