By
John Butler
George Goncalves
September 28, 2020
In: Hive Exclusives |
Monetary Policy & Inflation
September 28, 2020
Both gold and TIPS can provide a suitable hedge for rising inflation, but which is better? In part 1 of this two-part…
By
Bilal Hafeez
September 25, 2020
In: Hive Exclusives |
Economics
Monetary Policy & Inflation
US
September 25, 2020
Monetary Policy The plethora of Fedspeak continues with Williams and Clarida among the scheduled speakers over the coming week. ECB officials will…
By
Bilal Hafeez
September 21, 2020
In: Hive Exclusives |
Geopolitics
Global Macro
Monetary Policy & Inflation
September 21, 2020
Monetary Policy After a flurry of major DM central bank meetings last week, this week is quiet in terms policy meetings. There…
By
John Butler
George Goncalves
September 17, 2020
In: Hive Exclusives |
Monetary Policy & Inflation
September 17, 2020
The possibility of rising inflation on the horizon means investors should consider their hedging options. In this piece, we weigh up US…
By
Dominique Dwor-Frecaut
September 17, 2020
In: Hive Exclusives |
Economics
Monetary Policy & Inflation
US
September 17, 2020
The macroeconomic plans of the Biden and Trump campaigns are surprisingly similar and support a move to a high inflation regime. The…
By
Phil Rush
September 16, 2020
In: Hive Exclusives |
Economics
Monetary Policy & Inflation
UK
September 16, 2020
The BoE’s ongoing easing programme means it need not announce any policy change at this meeting. However, with insufficient room to continue…
By
Dominique Dwor-Frecaut
George Goncalves
September 15, 2020
In: Hive Exclusives |
Monetary Policy & Inflation
US
September 15, 2020
Economic uncertainty and recent signs of a slowing recovery suggest the Fed will maintain its cautious outlook and the 2021-22 Summary of…
By
Caroline Grady
September 10, 2020
In: Hive Exclusives |
FX
Geopolitics
Monetary Policy & Inflation
September 10, 2020
This mood music over the past few days has been in stark contrast between Frankfurt and London. ECB president Christine Lagarde today…
By
Caroline Grady
September 08, 2020
In: Hive Exclusives |
FX
Monetary Policy & Inflation
September 08, 2020
Euro strength and the current bout of deflation are set to dominate this week’s ECB meeting. We expect no policy announcements, but,…
By
Dominique Dwor-Frecaut
September 03, 2020
In: Hive Exclusives |
FX
Monetary Policy & Inflation
US
September 03, 2020
Average Inflation Targeting (AIT) could be a net negative for the dollar as other global central banks appear unable or unwilling to…
By
Bilal Hafeez
August 28, 2020
In: hive-podcasts |
Economics
Monetary Policy & Inflation
US
August 28, 2020
In this episode, I talk with David Beckworth. David is the host of one of my favourite economics podcasts, Macro Musings…
By
Dominique Dwor-Frecaut
August 28, 2020
In: Hive Exclusives |
Monetary Policy & Inflation
Rates
US
August 28, 2020
At Jackson Hole today Chair Powell announced a move to average inflation targeting, reflected in changes to the Statement of Longer Run…
By
Mirza Baig
August 25, 2020
In: Hive Exclusives |
China & Hong Kong
Economics
FX
Monetary Policy & Inflation
August 25, 2020
My discussions with macro investors have recently centred around two questions. First, could the RMB extend its gains further? And second, could…
By
Anton Tonev
August 25, 2020
In: Hive Exclusives |
Economics
Monetary Policy & Inflation
August 25, 2020
(A punched card from the mid-20th century, used for data input, output and storage) Modern Monetary Theory (MMT) has finally hit…
By
Bilal Hafeez
August 21, 2020
In: hive-podcasts |
COVID-19
Credit
Monetary Policy & Inflation
August 21, 2020
In this episode, I talk with Shahraab Ahmad. Shahraab was previously the Chief Investment Officer of the credit fund Decca Capital. Prior to…
By
Dominique Dwor-Frecaut
August 20, 2020
In: Hive Exclusives |
Monetary Policy & Inflation
US
August 20, 2020
The Mortgage Bankers Association (MBA) Q2 delinquency spike likely overstates the extent of delinquencies and suggests that the administration debt forbearance policy…
By
Phil Suttle
August 20, 2020
In: Hive Exclusives |
COVID-19
Economics
Emerging Markets
Monetary Policy & Inflation
August 20, 2020
• Global inflation fell sharply in the early months of the Covid-19 crisis, mainly because of oil • Core inflation fell most…
By
Dominique Dwor-Frecaut
August 13, 2020
In: Hive Exclusives |
Monetary Policy & Inflation
US
August 13, 2020
The Treasury Government Account (TGA), which is the US Treasury’s checking account at the Fed, has become so large that the Fed…
By
Rajeeb Pramanik
August 13, 2020
In: Hive Exclusives |
Emerging Markets
FX
Monetary Policy & Inflation
August 13, 2020
Turkish policymakers have returned to the populist policies of yesteryear that pushed the country to the brink in 2018, when inflation surged…
By
Sam van de Schootbrugge
August 12, 2020
In: Deep Dives |
Business & Technology
Monetary Policy & Inflation
August 12, 2020
The Context A new IMF paper looks at how innovations in information and communication have (i) provided greater opportunities for new financial…
By
Bilal Hafeez
August 11, 2020
In: Hive Exclusives |
COVID-19
Emerging Markets
FX
Monetary Policy & Inflation
August 11, 2020
We were delighted to have serving Governor of the State Bank of Pakistan (2019-current) and 18-year veteran of the IMF Dr Reza…
By
Bilal Hafeez
August 10, 2020
In: hive-podcasts |
Economics
Emerging Markets
FX
Monetary Policy & Inflation
August 10, 2020
In this episode, I talk with Governor Dr Reza Baqir who became the 20th Governor of the State Bank of Pakistan in May 2019…
By
John Butler
August 06, 2020
In: Hive Exclusives |
Monetary Policy & Inflation
August 06, 2020
In Part I of this series I examined a few popular, mainstream critiques of Modern Monetary Theory (MMT) and concluded that they…
By
Anton Tonev
August 06, 2020
In: Hive Exclusives |
Monetary Policy & Inflation
August 06, 2020
‘It is habitually assumed that whenever there is a greater amount of money in the country, or in existence, a rise of…
By
Bilal Hafeez
John Llewellyn
August 04, 2020
In: hive-podcasts |
China & Hong Kong
COVID-19
ESG & Climate Change
Growth & Labour Market
Monetary Policy & Inflation
August 04, 2020
In this episode, I talk with John Llewellyn. John is the co-founder of Llewellyn Consulting – a leading independent economic advisory firm…
By
George Goncalves
July 29, 2020
In: Hive Exclusives |
Monetary Policy & Inflation
US
July 29, 2020
This past year feels like a blur for all the obvious reasons. But before the all-out blitzkrieg easing campaign that the Fed…
By
Dominique Dwor-Frecaut
July 16, 2020
In: Hive Exclusives |
Monetary Policy & Inflation
US
July 16, 2020
[Bearish Bonds, Stocks, USD / Bullish TIPS & Gold] A spike in inflation is likely when the US economy normalizes. Beyond that,…
By
John Butler
July 16, 2020
In: Hive Exclusives |
Fiscal Policy & Inequality
Monetary Policy & Inflation
July 16, 2020
MMT in a Nutshell, and Mainstream Criticism With government deficits exploding around the world as economic officials seek to counter the various…
