Fed
All talk and no hike
Today’s FOMC meeting was all talk and no action.
Research
Global Daily: Circle of Life
Active Brent crude futures fell by almost 5% yesterday as the US extended its pause on striking Iran...
Newsletter
Talking about hikes
We expect this week’s FOMC “family fight” to center on rate hikes, but we do not expect the Committee to make a decision just yet.
Research
Trimming Inflation, Trimming the Fed
With the Fed’s new task force on inflation frameworks, we could see trimmed inflation measures gain increased prominence in monetary policy decision-making.
Research
Forward guidance is gone
As widely expected, the FOMC kept the target range for the federal funds rate unchanged and dropped its easing bias.
Research
Rate cuts are moving further into the future
At Kevin Warsh’s first meeting as Chair, the FOMC is likely to remove the easing bias from the statement and drop the 2026 rate cut from the dot plot.
Research