India CPI
Unsure About Hormuz Talks but Not Expecting U.S. CPI Data to Be an Immediate Problem
August 12, 2026
Investors expect U.S. July overall and core consumer price inflation to dip marginally. Comments from Fed officials have suggested that an interest rate hike could happen at September’s meeting, but today’s CPI isn’t expected to seal that vote. If that in fact proves the case, attention will quickly turn to tomorrow’s producer price releases. Meanwhile, […] More
Narrowly Mixed Dollar as Investors Await U.S. CPI Data Tomorrow
February 12, 2026
There were 227k new U.S. jobless insurance claims last week, down a bit from the last week of January but more or less aligned with what had been expected. The net takeaway from yesterday’s January jobs figures was that, excluding other policy considerations, better employment growth than seen during much of 2025 probably delays the […] More
Dollar and Equities Extend Their Divergent Trends
January 13, 2025
Today begins the final week before the inauguration of Donald Trump’s second non-consecutive term, which promises to be one of radical experimentation, alliance upheaval and uncertainty around the world. The dollar and share prices had initially responded favorably to Trump’s victory, but while the dollar continues to appreciate, equities have shifted direction, pulled lower by […] More
Another Bank Failure, A Rush to Safety, and A Swift Reversal In Expectations of What the Fed Is Likely to Do
March 13, 2023
On the heels of the failure of Silicon Valley Bank, Signature Bank has closed its doors, too. U.S. monetary policy is ordinarily framed by two mandates: keeping inflation low and stable but also maximizing employment within the constraint of sustaining price stability. There are occasional moments, however, when those dual goals are overridden by the […] More
