Inflation

Jobs Report Fuels Market Optimism: UBS

The weaker-than-expected April jobs report has sparked optimism for a soft landing in the US economy, prompting UBS to reiterate its positive outlook for quality bonds and quality stocks. Friday's report showed a smaller-than-anticipated increase in employment growth, alongside moderating wage growth and a slight uptick in the

Advanced Economies Navigate Away from Immediate Stagflation Threat: BNY Mellon

Despite concerns over recent economic data, advanced economies appear to be moving away from the immediate threat of stagflation, according to a new report by BNY Mellon. The report highlights positive trends in real wage growth and productivity, suggesting a more favorable economic environment compared to the previous year. The

Slower Rate Cuts Expected Across Asia-Pacific and Emerging Markets

The prospect of delayed US interest rate cuts by the Federal Reserve is poised to have significant implications for monetary policy and exchange rates across Asia-Pacific (APAC) and emerging markets (EMs), according to a recent report by S&P Global. Asia-Pacific: Slower Pace of Rate Reductions Central banks in

S&P Global Pushes Back Fed Rate Cut Expectations

S&P Global has revised its forecast for the Federal Reserve's interest rate path, delaying the anticipated timing of the first rate cut to December 2024. This shift in expectations, driven by persistent inflation exceeding the Fed's target, could have significant spillover effects on global
S&P Global Pushes Back Fed Rate Cut Expectations

Inflation Concerns Weigh on Stocks and Bonds during April

Global equity and fixed income markets experienced a challenging April, driven by concerns over persistent inflation and expectations of prolonged high interest rates, according to a report published by JPMorgan. Rising US inflation data and resilient private demand, despite weak first-quarter GDP growth, have fueled concerns that central banks may

Asian Central Banks Face Currency Weakness as US Dollar Strengthens

Central banks across Asia are grappling with the challenge of weakening currencies as the US dollar continues to strengthen, complicating their path towards easing monetary policy. The resilience of the US economy and expectations for delayed Federal Reserve rate cuts have fueled the dollar's rise, putting pressure on
Asian Central Banks Face Currency Weakness as US Dollar Strengthens

Global Economy Shows Signs of Sustained Growth, But Inflation Concerns Remain

The global economy is picking up steam according to a report by S&P Global. The latest Purchasing Managers Index (PMI) data from S&P Global reached 52.3, a nine-month high, indicating a broad-based recovery across sectors and regions. "This suggests a sustained and positive outlook

BOJ Chief Signals Rate Hikes If Inflation Persists

Bank of Japan Governor Kazuo Ueda has indicated that the central bank will likely raise interest rates if underlying inflation continues to rise. Speaking at a think tank event in Washington, Ueda acknowledged the challenges of determining the appropriate level of interest rates as Japan has not experienced a sustained

Moody's Analytics: ECB Rate Cut on Track for June

Moody's Analytics expects the European Central Bank (ECB) to implement its first interest rate cut in June, despite persistent inflation within the services sector, according to a research report published on Thursday. While acknowledging the need for further data to solidify the decision, the research firm suggests the