The beginning of a new month marks a good opportunity to review the seasonal patterns that have influenced the forex market over the 50+ years since the Bretton Woods system was dismantled in 1971, ...

Chair Powell says it at almost every post-FOMC press conference: inflation expectations are well-anchored. But, is that still true? The answer is key to understanding the evolution of future inflation ...

podcast Alf and Brent discuss the reflexivity bias: now that the S&P500 is rallying again, investors are keen to talk about AI Capex driving indexes higher - where were they when we hit 4,800? Always ...

Thank you, Volker, and thank you for the opportunity to speak to you today.1 John Taylor is deservedly well known for his work on monetary policy rules, the best known of which bear his name. But in ...

The Investor Password cannot be used to modify your account or access your funds, it is submitted over a secure socket, stored using 128-bit encryption, and will never be shared in accordance with ...

We continue to see pretty OK data in the United States as we await potential fallout from policy announced April 2. As outlined last week: Today’s payrolls data, while backward-looking, fails to ...

podcast For decades, dollars have been the world's common financial language. Central banks everywhere hold dollars as a way to safely store their wealth. Countries, businesses, and people use it to ...

Thank you, Francine, and thank you to the Central Bank of Iceland for the invitation to speak to you today.1 My subject is the Federal Reserve's mandate of maximum employment. In the Fed's monetary ...

The U.S. Federal Reserve just pulled off something stealthy - over four days last week, without fanfare, the Fed vacuumed up $43.6 billion in U.S. Treasuries. That's $8.8 billion in long-dated 30-year ...

The consumer price index (CPI) remained unchanged in April 2025 compared with the previous month, at 107.5 points (December 2020 = 100). Inflation was +0.0% compared with the same month of the ...

Euro is trading in a tight 0.8% range this week after faltering into technical resistance last week. While the broader outlook is constructive, the immediate advance may be vulnerable here with the ...

One month after the massive shock that rocked investors due to US tariff policy and sent sentix economic data in-to free fall, the dust is settling. Investors are revising their economic assessments, ...