Central banks are in trouble again

Central banks are in trouble again

Ukraine/Russia conflict is going to exacerbate problems for the world’s central banks Do you know what a central bank doesn’t want when it’s trying to play catch up on an inflation shock? It’s another inflationary shock piled on top of the...
The grand central bank rate hike experiment

The grand central bank rate hike experiment

Markets are getting all bullish over rate hikes As I write this, the market is pricing in a 15bp hike at the Nov BOE MPC meeting, and see rates at 1.00% by Aug 2022. The ECB is pricing a 10bp hike by Sep 2022, up from Dec and as for the Fed, we’re looking at...
Global growth shaken, central banks stirred

Global growth shaken, central banks stirred

Fixed Income Research & Macro Strategy (FIRMS) from 4X Global Research The drastic measures which governments across the world have taken so far to mitigate the spread of the coronavirus have few precedents outside of war times and therefore quantifying their...

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