Economist (US Macro), RDQ Economics

Conrad DeQuadros

Economist (US Macro)

RDQ Economics

RDQ Economics provides global macroeconomic consulting services with an emphasis on U.S. economic fundamentals and monetary policy.  
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Our views are driven by consistent application of classical economic and monetary principles and has generated superior anticipation of changes in the stance of monetary policy and of movements in economic growth and inflation.
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The founders of RDQ Economics—John Ryding and Conrad DeQuadros—worked together on Wall Street for a decade, in the independent research space for nine years, and have experience in central banking at the Federal Reserve and the Bank of England.  John and Conrad have worked closely with fixed income, foreign exchange, and equity traders and portfolio managers, which has enabled their analysis and advice to be tailored to a clientele that is focused on trading and investment decisions.

Credit

<p>With the second in our series of insights outlining various aspects of our U.S. macro projections for 2019, we discuss the outlook for inflation over the next year.  The December CPI report showed no evidence of slowing in core inflation momentum.  Our thesis on inflation is that accommodative Fed policy makes it easier for firms to pass on rising costs—both core finished goods prices and wage growth picked up by about a half percentage point in 2018 versus 2017, with increases accelerating toward the end of the year.  We also had further evidence of improved business pricing power last week, which we believe points to core inflation continuing to move higher in 2019.</p>

With the second in our series of insights outlining various aspects of our U.S. macro projections for 2019, we discuss the outlook for inflation over the next year.  The December CPI report showed no evidence of slowing in core inflation momentum.  Our thesis on inflation is that accommodative Fed policy makes it easier for firms to pass on rising costs—both core finished goods prices and wage growth picked up by about a half percentage point in 2018 versus 2017, with increases accelerating toward the end of the year.  We also had further evidence of improved business pricing power last week, which we believe points to core inflation continuing to move higher in 2019.

No Slowing in Core CPI In December; 2019 U.S. Inflation Outlook

US Breakeven 10 Year

No Slowing in Core CPI In December; 2019 U.S. Inflation Outlook