Federal Reserve Chair Kevin Warsh will face tough questions on inflation after Wednesday’s FOMC meeting. How direct will he be in answering them? … READ MORE >
Joe Brusuelas
Parsimony is a feature, not a bug, at the new Fed
The major change in the Fed’s approach has been the partial removal of forward guidance. The result is rising uncertainty and volatility in the 2-year Treasury. … READ MORE >
Market Minute: Is public debt crowding out corporate issuance? Not yet.
Despite a large increase in private sector paper linked to AI, public issuance of debt does not appear to be crowding out private sector needs. … READ MORE >
Market Minute: Yen heading toward 170 on the dollar
Rational overshooting in the forex market will most likely send the yen to 170 or above versus the dollar as investors test the mettle of the new Takaichi government. … READ MORE >
Market Minute: How falling inventories and rising diesel prices pose an inflation risk
We expect higher transportation costs to continue to pressure food and most other goods higher for consumers and for all aspects of the business community. … READ MORE >
RSM’s U.S. midyear economic update: Supply shocks ease
We expect that rate to accelerate to 2.5% in the current quarter and 2.1% during the final three months of the year. … READ MORE >
RSM’s global central banking outlook
Oil and energy shocks in the first half of the year presented central bankers with another stern test of their willingness to ensure price stability. … READ MORE >
Market Minute: Is the war over? That’s what investors are saying.
Falling oil prices, easing yields and the ebbing of the risk premium across the U.S. Treasury curve suggest that investors see a durable peace. … READ MORE >
Market Minute: The bill for Japan’s lost decades is coming due
For decades, Japan used low interest rates and piled up debt to prop up its aging economy. Now, the currency market is saying enough is enough. … READ MORE >
Market Minute: As Japan embraces foreign workers, growth follows
Japan’s embrace of foreign-born workers did not happen overnight and there are undoubtedly more changes to come. … READ MORE >