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Surprise, surprise

  • 18 June 2021

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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Federal Reserve fires the starting gun
FX 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…

Listen: What the Fed's hawkish shift means for bonds
Podcast
Rates

Listen: What the Fed's hawkish shift means for bonds

A hawkish announcement from the Federal Reserve has prompted investors to reassess the outlook for asset purchases and the timing of interest rate hikes.…

US spending momentum continues as price risks mount
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 Outlook - 21 calls for 2021: I want to break free (again)
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…

Rates Spark: Carry on worrying
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…

US Retail sales Rates Daily PPI Powell Monetary Policy Inflation Federal Reserve Fed ECB Credit Consumer spending

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This publication has been prepared by ING solely for information purposes irrespective of a particular user's means, financial situation or investment objectives. The information does not constitute investment recommendation, and nor is it investment, legal or tax advice or an offer or solicitation to purchase or sell any financial instrument.
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