Report27 June 2017Updated one year ago

Confused by Yellen’s direction? You’re not alone

Markets aren't buying the Fed's 'dots'. We still expect a September hike but weakening core inflation is confusing markets about the outlook.Download this report to find out what we know about the Fed's balance sheet plans so far. We also report that inflation's proving to be a headache for the ECB. And what next for Brexit? It's all here in our monthly report, answering the big questions in the economic and financial world. 

Executive summary
  • Everything you need to know about the Fed’s balance sheet plans
  • Markets aren’t buying the Fed’s dots. But we still expect another hike this year
  • Inflation is still proving to be a headache for the ECB
  • What the UK election result means for Brexit
  • Hawkish Haldane raises possibility of a UK rate hike – but we aren’t so convinced