โข
Price stability remains illusive, and the road to two percent will not be smooth. Financial markets may need to adjust their expectations accordingly.
โข
Investor sentiment toward trade policy, inflation, interest rates, and equity volatility will continue to shape bullionโs trajectory.
โข
Inflation seems to be taking a time-out, but high prices are here to stay. What will your pizza and beer cost this year?
Headline inflation rates will almost certainly decline in the coming months, as seasonal distortions fade and monetary policy remains tight.
Fed officials have delayed adjusting the federal funds rate, perhaps believing that the neutral rate of interest has risen.
โข
One year into his presidency, Javier Milei has outperformed any reasonable expectations, except perhaps his own.
Central banks should be apolitical, not unaccountable. Monetary technocrats should serve the People.
โข
Now we’ve got fewer jobs, less investment, and sky-high compliance costs. If only somebody could’ve explained it to him.
When the President and Congress blow out the budget, the difference is borrowed from future (imagined) surpluses. That depreciates the dollar.
Monetary policy is right where we want it: close to neutral. No cuts are needed as price pressures continue to moderate.
โข
Price stability remains illusive, and the road to two percent will not be smooth. Financial markets may need to adjust their expectations accordingly.
โข
Investor sentiment toward trade policy, inflation, interest rates, and equity volatility will continue to shape bullionโs trajectory.
โข
Inflation seems to be taking a time-out, but high prices are here to stay. What will your pizza and beer cost this year?
Headline inflation rates will almost certainly decline in the coming months, as seasonal distortions fade and monetary policy remains tight.
Fed officials have delayed adjusting the federal funds rate, perhaps believing that the neutral rate of interest has risen.
โข
One year into his presidency, Javier Milei has outperformed any reasonable expectations, except perhaps his own.
Central banks should be apolitical, not unaccountable. Monetary technocrats should serve the People.
โข
Now we’ve got fewer jobs, less investment, and sky-high compliance costs. If only somebody could’ve explained it to him.
When the President and Congress blow out the budget, the difference is borrowed from future (imagined) surpluses. That depreciates the dollar.
Monetary policy is right where we want it: close to neutral. No cuts are needed as price pressures continue to moderate.
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