◀ The Principal Blog

Posts tagged ‘global economy’

Short and Sharp: The twisted relationship between central banks and inflation



Investors currently face the challenge of the Federal Reserve’s belief that monetary policy needs to be tightened, despite missing inflationary pressures. This is not just a U.S. phenomenon, it’s a global one. In the euro-area, core inflation remains stubbornly low, yet the European Central…

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Short and Sharp: the bond market’s ir/rational response



Bond markets can sometimes come across as irrational, and the last few weeks may be a perfect demonstration of this. Three weeks ago, 10-year U.S. Treasury yields declined in response to the U.S. Federal Reserve’s (Fed) projection that policy rates would be raised several more times over the next…

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