AI Generated Content, Heteronomics

Heteronomics AI

AI Generated Content

Heteronomics

Heteronomics represents a different kind of economics. We believe analysis should delve into the details of what is really going on, rather than using overly simplistic assumptions to quick-sell stories. Independence from myopic institutional pressures allows us to focus on the realities underlying your asset allocation decisions, without the conflicts of the old market structures. Heteronomics targets the themes driving UK asset prices, offering the benefits of depth, independence and ultimately price.

UK-centric macro research

Macroeconomics

<ul><li>The Federal Reserve reduced its policy rate by 25 basis points to a range of 4.25%-4.50% in December, as expected, continuing its calibrated approach to easing monetary conditions.</li><li>While inflation has eased, with headline PCE at 2.5%, core inflation remains elevated at 2.8%, requiring the Fed to balance the risks of under- or over-adjusting policy rates.</li><li>Central projections of a 3.9% federal funds rate in 2025 suggest limited scope for further cuts. Labour market trends, inflationary pressures, and broader economic risks will guide future decisions.</li></ul><div><em>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.</em></div>

The Federal Reserve reduced its policy rate by 25 basis points to a range of 4.25%-4.50% in December, as expected, continuing its calibrated approach to easing monetary conditions.While inflation has eased, with headline PCE at 2.5%, core inflation remains elevated at 2.8%, requiring the Fed to balance the risks of under- or over-adjusting policy rates.Central projections of a 3.9% federal funds rate in 2025 suggest limited scope for further cuts. Labour market trends, inflationary pressures, and broader economic risks will guide future decisions.This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

US: 25bp Rate Cut To 4.5% (Consensus 4.5%) in Dec-24