by alex@integrityam.co.za | Aug 6, 2024 | News
Here comes the pain On the 31st of July US Federal Reserve (“Fed”) Chair Jerome Powell stated that if the economy continues on its current path a cut to the bank’s key rate “could be on the table” at the policymakers’ next meeting in September. The...
by alex@integrityam.co.za | Jul 2, 2024 | News
We have reached the kink We have discussed and used the kinked Phillips curve framework to interpret the direction of the US economy and financial markets since the start of the pandemic. For example, in 2023, the kinked Phillips curve indicated that “immaculate...