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(1) Does the Fed Really Want Inflation? (1 min read)
The Fed’s updated dot plot and communication over the recent yield spike will be the central focus of Wednesday’s FOMC meeting. I examine consensus forecasts and long-term inflation expectations to show the Fed’s main issue is not the rise in US yields, but credibility.
(Bilal Hafeez│ 15th March, 2021)
Rising Market Power—A Threat to the Recovery? (IMF Blog, 3 min read)
COVAX Is Our Best Chance to Beat COVID (Project Syndicate, 3 min read)
China moves towards greater control over fintechs (OMFIF, 2 min read)
The market-implied effects of the Biden stimulus and the Fed’s new policy framework (VoxEU, 6 min read)
(The commentary contained in the above article does not constitute an offer or a solicitation, or a recommendation to implement or liquidate an investment or to carry out any other transaction. It should not be used as a basis for any investment decision or other decision. Any investment decision should be based on appropriate professional advice specific to your needs.)