RBA policy rate response: are markets pricing “too much” or “too little”? 

From

In what was somewhat of a surprise, the RBA joined a number of other developed country central banks in announcing a 50 bp policy rate increase at the conclusion of

continue reading
10 Jun 2022

RBA and the ‘stitch in time saves nine’ approach to monetary policy

From

 The outcome of today’s RBA meeting is a difficult one to call. According to the 22 economists polled by Bloomberg, eight expect a 25 bp increase, eleven expect 40 bps

continue reading
07 Jun 2022

The Fed and the ECB: A tale of two central banks

From

I have described the task facing the Fed and ECB is akin to a circus high wire act: charting a path between getting inflation back toward target without tipping the

continue reading
03 Jun 2022

The time is nigh for impact investing

From

As the world grasps the reality that our modes of production and consumption threaten our ability to prosper and even exist, the momentum to implement solutions has never before been

continue reading
27 May 2022

Federal Open Markets Committee, European Central Bank and Reserve Bank of New Zealand movements

From

Federal Open Markets Committee minutes underscore The US Federal Reserve’s aggression Prior to the release overnight of the Fed’s Federal Open Markets Committee (FOMC) meeting minutes there had been some

continue reading
27 May 2022

Fed, RBA and BoE face challenges

From

Summary Powell comments reinforce Fed’s aggressive stance. Markets roiled. Volatility to continue Wage Price Index Price Index eases pressure on the RBA. Focus switches to today’s April labour force data

continue reading
20 May 2022

Central bank conundrum

From

Summary US April CPI: Still a high wire act for the US Federal Reserve (the Fed). A higher than expected CPI keeps maximum pressure on the Fed. Real interest rates (including the

continue reading
13 May 2022

Australian CPI: RBA to hike in May and June

From

The March quarter consumer price index (CPI) presents the Reserve Bank of Australia (RBA) Board with a clear and present challenge when it meets next Tuesday. To recap, the six-month

continue reading
02 May 2022

A round-the-world wrap up on rising rates and inflation

From

RBNZ raises the policy rate for the fourth time this cycle by 50 bps to 1.50 per cent. Bank of Canada also hikes 50 bps  Proving itself one again as

continue reading
19 Apr 2022

Fixed Income in a rising rate environment

From

Fixed income investments have long been central to a diversified portfolio. This article from GSFM explores the role of fixed income in the current environment, one in which inflation and

continue reading
11 Apr 2022