Money & Markets
Inflation, rates, central banks, currencies, bonds, liquidity, fiscal policy, and the market signals behind public narratives.
159 articles
U.S. Economy Defying Predictions of Recession
There is a commonly held belief that economic expansions do not naturally come to an end due to their age but rather meet their demise at the hands of the Federal Reserve.
13 Sept 2023
Good News Is Bad News
The new normal in the stock and bond markets makes it more difficult for investors to build diversified portfolios.
05 Sept 2023
Powell Is Walking A Fine Line
Federal Reserve Chair Jerome Powell presented his case for maintaining current interest rates, while keeping the option open to raise them later this year if economic conditions fail to subdue inflation.
28 Aug 2023
August 2023 - Commentary
In an unprecedented move, the Federal Reserve has elevated interest rates to their highest point in 22 years.
24 Aug 2023
Going Long On China?
Researchers at JPMorgan Chase estimated last month that China's overall debt, encompassing households, companies, and the government, had surged to 282% of the country's annual economic output.
22 Aug 2023
Deflation? The First Signs
China's economy has entered a period of deflation as consumer prices experienced their first decline since early 2021.
16 Aug 2023
A $ 12 Trillion Problem
China's "basket of measures" to address the risks posed by local government debt is anticipated to encompass a range of strategies, including special bond issuance, debt swaps, loan extensions, and a measure that Beijing has been reluctant to embrace: tapping into the central budget.
14 Aug 2023
Rates At 22-Year High
The Federal Reserve made a unanimous decision to raise the benchmark federal-funds rate by a quarter-percentage-point, bringing it to a range between 5.25% and 5.5%.
07 Aug 2023
July 2023 - Commentary
Inflation's grip on the American economy appears to be loosening after more than two years of relentless pressure.
24 Jul 2023
Corporate Debt Starts To Bite
The mounting threat of corporate debt defaults has long been downplayed by resilient credit markets, but the situation is taking a concerning turn as more companies face downgrades to junk credit ratings, leading to higher borrowing costs.
21 Jul 2023
U.S.-Dollar Falls
The dollar has witnessed a significant decline of nearly 13% against a basket of currencies since reaching a two-decade high last year, reaching its lowest point in 15 months.
19 Jul 2023
Inflation Is Getting Under Control
According to the latest report from the Labor Department on Wednesday, consumer prices in June rose by a mere 3% compared to the previous year - the smallest annual increase since March 2021.
17 Jul 2023
Deflationary Forces Build Up
Consumer prices in China approached the brink of deflation, intensifying the need for policymakers to implement additional stimulus measures to revive sluggish demand.
14 Jul 2023
More Hikes Coming
Federal Reserve Chairman Jerome Powell expressed a firm stance on inflation, projecting multiple interest rate increases in the near future, potentially at an aggressive pace.
04 Jul 2023
Where Is Inflation Heading?
Consumer inflation in the United States is showing signs of meaningful abatement. Gas prices have dropped, eggs cost about half as much as they did in January, and prices across a wide range of products are no longer climbing rapidly.
01 Jul 2023
Eurozone Activity Slows
Preliminary data released on Friday indicates a slowdown in business activity growth in Europe, suggesting a challenging end to the second quarter.
29 Jun 2023
Uncertain Climate
The latest reports on jobs and inflation present a complex and nuanced outlook as the labor market continues its recovery from the profound shortages witnessed in the wake of the pandemic.
12 Jun 2023
June 2023 - Commentary
The surge in stocks in 2023 has been noticeably concentrated and spearheaded by prominent technology stocks, raising questions regarding the underlying reasons for this trend.
10 Jun 2023
Japan Is Back
The Topix Index in Japan has reached its highest level since August 1990, indicating the return of foreign investors. Year-to-date, the Tokyo Price Index has recorded a gain of over 6%.
22 May 2023
Inflation Is Hard To Tame
In a prepared speech for a monetary policy conference at the Hoover Institution, Bullard stated, given the current macroeconomic conditions, it can be argued that monetary policy now lies at the lower end of what is considered sufficiently restrictive.
19 May 2023