Businesses and households should anticipate a sustained increase in food costs as higher fuel and transportation prices are passed along. … READ MORE >
Market Minute: A new inflation regime awaits Warsh
Five-year breakevens since Feb. 27 have increased from 2.445% to 2.72%, the 10-year from 2.25% to 2.5% and the 30-year from 2.19% to 2.3%. … READ MORE >
Market Minute: Rising long-term yields in major economies
Three of the largest bond issuers—Italy, the UK and the U.S.—have experienced the largest increases in yields since the Iran war began. … READ MORE >
Stagflation lite sets in as inflation surges in April
The consumer piece index rose at an annual rate of 3.8% in April, driven by the war in Iran and the supply shock that it triggered. … READ MORE >
Market Minute: Drawing down oil reserves
In the first two months of the conflict, almost 100 million barrels of inventory were burned through. … READ MORE >
Market Minute: Inflation swaps are underpricing risk of rising CPI
We expect April’s top-line CPI to increase by 0.7% on the month and by 3.7% from one year ago. … READ MORE >
In April jobs report, a solid, steady and stable labor market
The economy added 115,000 jobs in April while the unemployment rate remained steady at 4.3%. … READ MORE >
Market Minute: Are you experienced?
Households in the U.S. and Canada, whose economies have become net exporters of oil, have not been spared the rising cost of gasoline and diesel. … READ MORE >
Market Minute: U.S. April jobs report preview
Our forecast for the U.S. employment report for April expects an increase of 60,000 jobs and the unemployment rate to stay at 4.3%. … READ MORE >
Market Minute: Listen to what the bond market is saying
Both 30-year and 10-year bond yields are trading at the top of recent ranges, suggesting uncertainty and a greater risk in holding long-term securities. … READ MORE >









