Viewpoints about interest rates
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U.S. payrolls: one for the doves, but we still expect a June rate hike
See why the May nonfarm U.S. payrolls report was one for the doves, though it was not sufficiently weak to cause the Fed to take its foot off the gas pedal.
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Secular stagnation—not dead yet
Investors have become more bullish about economic growth, inflation, and interest-rate projections. See why we think the anticipated magnitude and timing of this upturn is too optimistic.
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An uptick in market sentiment calls for cautious optimism
While Election Day in the United States has come and gone, extreme economic uncertainty accompanies this particular transition of power. See why we expect key unanswered questions to persist.
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The Federal Reserve is not as hawkish as it might appear
Despite raising interest rates at its December meeting, the U.S. Federal Reserve has not suddenly become hawkish, and its policies continue to reflect its expectations for modest economic growth.
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As market volatility rises, asset returns fall—but not all
Correlations have been unstable and trending higher in recent years, reducing the effectiveness of conventional asset allocation. What can investors do? One answer lies outside traditional territory.
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Last call for higher interest rates in 2016
The Fed has been hoping to raise interest rates all year, and December may be its last best chance for the foreseeable future.
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September market recap: Fed kicks the can to December
Fed inaction, stronger oil, and a lack of geopolitical flare-ups helped risk assets advance in September.
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Reaching for zero: the upshot of the Bank of Japan's new announcement
The Bank of Japan (BoJ) announced monetary policy shifts, reiterating its commitment to spur growth and inflation. However, the success of these new measures hinges on perception and execution.
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Weak jobs data could keep the Fed on hold until December
The surprising weakness in May's jobs report combined with the political uncertainty of the presidential election is likely to keep interest rates on hold until December.
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There will be no easy answers for the Fed at its June meeting
Weak GDP in the United States and global concerns should keep the Fed on hold at its next meeting. But don’t underestimate central bankers’ desire to normalize monetary policy.
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