bullish

With a Positive Real FF Rate Restored, FOMC Hiking Cycle Is Nearly Done

248 Views27 Jul 2023 11:45
Core PCE has risen annualised 4.5%+ since CY21. M2 contraction since Dec'22, and imminent recession, should enable core PCE inflation to recede below 3.5% by Nov'23. FF rate to peak at 5.5% by Sep'23.
SUMMARY
(Sign Up to Access)
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
  • Unlock research summaries
  • Follow top, independent analysts
  • Receive personalised alerts
  • Access Analytics, Events and more

Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.

Upgrade later to our paid plans for full-access.

or
Already have an account? Sign In Now
Full Insight
(Paid Plans Only, 5-minute read)
Discussions
(Paid Plans Only)
chart-bar
x