26 February 2018

Bassanese Bites: Bond Relief – Week beginning: 26 February 2018

With markets still fretting over interest rates, a key focus this week will be Jerome Powell’s first public appearance as the new Fed chair, when he delivers the Fed’s semi-annual testimonies to Congress on Tuesday and Thursday.  Based on recent Fed statements, it seems unlikely Powell will surprise with hawkish rhetoric – but markets will be understandably nervous ahead of time.  Also of note will the US core private consumption expenditure (PCE) deflator – the Fed’s preferred inflation measure – which is expected to have remained at a fairly benign 1.5% annual rate in January.

Click to read the Full Report

< Back to Blog