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What is the Fed Saying?
After Wednesday's FOMC meeting, the Fed signaled that they expect to make 3 rate cuts by the end of this year, and another 3 next year....

Jonathan Wilmot
Mar 22, 20242 min read
16 views


Not As Strong As It Seems
Following last week's robust employment report, the Fed Fund Futures curve barely budged Here are some reasons why
Alex Haseldine
Dec 5, 20221 min read
26 views


The Fed as Bean Counter
The Fed now has an explicit dual mandate (low inflation and full employment). What if we assumed that de facto it has always had a dual...

Jonathan Wilmot
Oct 13, 20221 min read
15 views


The US Labour Market is Starting to Cool Down
The US labour market is still running hot, with very large numbers of quits and new hiring compared to normal. But the data suggests that...
Alex Haseldine
Oct 7, 20221 min read
12 views
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