Surprise, surprise

In a not exactly shock move, the US Fed signalled that maybe inflation isn't as transitory as it thought it might be. So, expect an interest rate rise in 2023 We examine the implications and talk about it all in our podcast. Our credit team revisit their new year predictions; future direction there is all about rates. And our rates team are worried...

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Rates

United States

Federal Reserve fires the starting gun

While monetary policy was unchanged the new Federal Reserve forecasts signal officials are not so confident in their transitory inflation narrative. With…

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United States

US spending momentum continues as price risks mount

US retail sales dipped, but remain at incredibly strong levels even as the re-opening means there are an increasing number of options on which to spend…

Credit

Credit Outlook - 21 calls for 2021: I want to break free (again)

We update our Credit Outlook for 2021, taking selected strategic calls. Where we look at what has happened thus far in 2021, and where our expectations…

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Rates

Rates Spark

Rates Spark: Carry on worrying

As the dust settles, the implications of the ECB and Fed June meetings are subtle. EUR rates should be shielded to an extent from a hawkish Fed but, if…

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