Is the Fed's current tightening cycle wrong-footed?
Risk of deflation, not inflation
The Federal Reserve continues to act in the belief that the US economy is in the midst of a normal cycle, writes Seilern IM CIO Raphael Pitoun.
The Federal Open Market Committee remains in a tightening mode having increased the federal funds rate from 1% to 1.25% as the job market approaches its full potential. This might prove to be a mistake....
To continue reading...
Register Now
Join the best informed investment professionals on Investment Week and enjoy:
- Expert analysis from highly regarded columnists.
- An extensive content archive allowing you to build effective propositions for your customers.
- The latest investment news allowing you to stay ahead of your competitors.
More on US
Fed raises rates by further 0.25%; signals one more hike this year
Plans to begin balance sheet normalisation
Why US banks are still compelling for large-cap investors
Friendlier regulatory environment expected
Beyond Trump's rhetoric: Where are the infrastructure opportunities?
Trump trade rotation: Why US businesses can still flourish
Retail and autos particularly affected
More news
M&G Securities CEO Nott becomes EFAMA president
Amundi CFO elected vice president
Meet the Adviser Champions: Rennison Consulting's Roderic Rennison
Video series continues
What does sterling drop mean for US expats from a tax perspective?
Investment opportunity
Tilney continues hiring spree with Nottingham appointment
Hired financial planner
M&G's Leaviss: How have bond markets been impacted one year on from Brexit vote?
Favouring non-sterling denominated bonds