The July US payrolls report was the catalyst for a rash of recession fears, prompting the mini crash in risk assets and a...

For most intents and purposes inflation is now running close to 2% per annum, or even slightly below...

The Fed isn’t yet confident that it has done enough to return inflation to target, but equally not confident that it hasn’t done enough....

Limbo: in a state of uncertainty, up in the air, in abeyance, betwixt and between. (Collins Dictionary). Stuck between heaven and hell...

Inflation pressures are subsiding, especially in the goods sector..

Panic is the short answer. Some thoughts on the longer answer below…..

Today’s US CPI report delivered another shock to markets by giving investors even more reason to fear a Fed policy mistake.

Fear and loathing has spread like wildfire in risk asset markets since the Fed "surprised" investors by looking beyond the end of QE...