Summary The FOMC appears poised to raise its target range for the federal funds rate by at least 75 bps at its next meeting on July 27. The 372K increase in nonfarm payrolls in June indicates that the economy is holding up reasonably well at present. Furthermore, inflation remains forefront in the minds of most […]
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RBA delivered a widely expected 25bps hike to 4.10%, but the real surprise lay in the 5–4 split decision, exposing a deeply divided board. The narrow margin suggests that while policymakers are concerned about inflation, Read more…
At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 4.10 per cent. While inflation has fallen substantially since its peak in 2022, it picked up materially in the second Read more…
Bitcoin is staging a notable recovery this week, climbing back above the 75,000 handle even as geopolitical tensions in the Middle East remain elevated. The move challenges the typical risk-off playbook, where escalating conflict would Read more…