Oil Shock, Inflation Risks, and the Outlook for Fixed Income Investors
The escalation of the conflict in the Middle East has triggered a meaningful oil shock, introducing renewed uncertainty into the global inflation outlook and complicating the path for central bank policy. For fixed-income investors, the key question is whether higher energy prices represent a temporary disruption or the start of a more sustained inflation challenge […]
Lower rates, Fret not!
The U.S. Federal Reserve (Fed) held its signal rate unchanged at its policy meeting on January 31st, as expected, but signalled it will be cutting interest rates later this year after hiking aggressively over the past two years to cool decades high inflation. As the Fed gradually normalizes its policy rate, some investors fear that […]