Chart of the week: Is this a major turning point for US interest rates or just trimming the sails?

Bob Cunneen, Senior Economist and Portfolio Specialist Sources: Federal Reserve, CME Group. After three years of raising US interest rates, the Federal Reserve (Fed) is now signalling a change in direction. The Fed’s commentary indicates that “uncertainties” over global growth and trade tensions as well as “muted inflation pressures” could warrant lower US interest rates….

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Chart of the week: President Trump be 'fed up' with the Fed?

Bob Cunneen, Senior Economist and Portfolio Specialist Sources: CNBC interview on 10 June 2019 Datastream. * The US real interest rate is calculated by taking the Federal Funds mid-rate, then subtracting an average of core CPI annual inflation and the 10 year break even inflation measure from the bond market. President Donald Trump is annoyed…

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ThreeSixty Research Market Update – June 2019

Highlights: The US-China trade dispute has raised fears of a prolonged game of one-upmanship that could result in long-term damage to the global economy. US Fed officials believe some of the recent weakness in inflation data may be temporary, but some have expressed concern about a cycle of low inflation expectations. Sentiment in Europe remains…

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