Given the uncertainty of the effect the hurricane may have on the economy, the Fed may take a pause in raising interest rates.
Stuart Thomson
They are big on zealous regulation, but they are not good at real economics. They have the power to make micro improvements to the economy, but they haven't even tried it.
power real good economics economy big
uncertainty economy interest effect
By stepping outside the majority view, he undermines his own credibility. He just becomes another member on the committee.
majority view
European government bonds are going to be the worst performing area in the first quarter. There'll be one more rate hike in the first quarter and another in the second quarter.
government performing bonds worst
This week's data is proof that the hawks in the Monetary Policy Committee are wrong, giving gilts support this week.
proof data wrong support giving
With demand still weak, there's room to cut rates in the first half of next year. That'll keep yields around 4 percent for 10-year gilts.
demand weak
Strip out higher oil prices, and Europe doesn't have an inflation problem. We're still bullish for the medium term.
problem europe oil inflation
Demand is vastly outstripping supply. It's not surprising that some of the dealers are going to the DMO because it's difficult to make a market in these conditions.
market difficult demand
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