Economic data released in November in the US, China, Europe and Australia were mostly firmer than expected adding to the risk that the fight to bring down inflation is not over. Donald Trump’s victory in the US presidential election extending to Republican control of...
As the risk builds of inflation rekindling in 2025 and 2026 views are changing about how far major central banks can cut official interest rates and at what pace. Comments last week by Federal Reserve Chairman, Jerome Powell, that there is no rush to cut the Federal...
Last week US voters provided a sweeping victory to Donald Trump, the US Federal Reserve announced a 25bps cut to the Federal Funds rate to 4.75% and indicated more cuts to come and China’s National Peoples’ Congress announced a large spending package to help local...
