Keith Costello’s Post

🔔 Fed Chair Powell reaffirms the importance of central bank independence in navigating today's economic challenges. Check out the latest news:- https://lnkd.in/g2HyG_bV #FederalReserve #EconomicStability #CentralBankIndependence

For the bond market, a simple narrative about US #inflation and the #Fed has recently transformed into a complex, global story. Our #fixedincome team sifts through central bank rate cuts, surprise election outcomes, currency swings, and mixed signals on the US economy to find what investors should be watching. See Viewpoints https://lnkd.in/es5WBwax

In July 2024, politics dominated the headlines. The much anticipated Consumer Price Index (CPI) release delivered more good news on the inflation front and we saw the move to ease monetary policy among central banks continues. The WRISE investment team offers their thoughts on the current state of the equities market and how to better identify opportunities during these volatile times. Click here to read more: https://lnkd.in/grpVcBdc #WealthManagement #WRISE #InvestmentInsights #FamilyOffice

Central banks are taking it easy (there is a Dutch expression for it: they are practicing "niksen"...). After hiking rates aggressively (but belatedly) to slay inflation, the Federal Reserve, European Central Bank and Bank of England are telling markets they are in no rush to cut rates. That is understandable but, as I explain in my latest column for Reuters Breakingviews, it comes with costs and risks, particularly to the fragile commercial real estate sector. https://lnkd.in/ewDySE8x

So finally the time has come. The focus of attention will be on BoE and the RBA, enjoy your weekend! 💵 The US Dollar ended the week deeply in red territory. Anticipating Economic Perspectives: Voices on the Horizon Fed’s Goolsbee, Williams and Cook speak on May 4. Fed’s Williams and Barkin speaks on May 6 followed by ECB’s Nagel and SNB Jordan. Fed’s Kashkari and ECB’s Nagel speak on May 7. Fed’s Cook speaks on May 8. BoE’s Bailey and Pill are due to speak on May 9. BoE’s Pill speaks on May 10. Central Banks: Upcoming Meetings to Shape Monetary Policies The BoE meets on May 9 and is widely anticipated to leave its policy rate unchanged

After four volatile years in the global markets, we are eventually starting to see some green shoots. Economies are winning their fight against inflation, and central banks are offering some relief by easing monetary policy and cutting interest rates. Our Chief Economist, Maarten Ackerman, will join Jeremy Maggs on HOT102.7FM today at 12:50 to unpack this further. #CitadelSA #BeyondRemarkable #EconomicOutlook

We do not anticipate a housing 'bust' in the near term due to the ongoing mismatch between demand and supply. However, a resurgence of inflation might lower valuations if it forces central banks around the world to tighten policy further. Read our analysis of the global housing market here: https://bit.ly/3vOBif6 Capital at risk. For professional investors only.

Good morning, and welcome to Fed Day! With the Federal Reserve highly unlikely to cut rates today, the focus is on how the central bank characterizes the growth/inflation outlook and what signals it sends about future cuts. The “dot plot” and especially the tone and content of Chair Powell’s press conference will be particularly interesting. #economy #centralbanks #markets #federalreserve #growth #inflation

✂️✂️Yesterday, for the first time in years, the Fed cut rates by 0.50bps, marking a pivotal moment in monetary policy. 🌎Today, the global landscape of central bank rates shows a shifting tide as countries adjust to the new financial realities. #Fed #InterestRates #CentralBanks #GlobalEconomy #Finance #MarketUpdate #Investing #Economics #RateCut #MonetaryPolicy Source: https://lnkd.in/d3pKrB3c

Resilient US growth and a series of upside US inflation surprises to start the year have led markets to now expect the Fed to cut interest rates later and more gradually than most G10 central banks. How far central bank divergence could run, and the implications for economies and markets, is Top of Mind. https://ow.ly/2RGQ50S03f4