BY FERNANDO DE FRUTOS, CFA, PhD | 6 SEPTEMBER 2022   • As inflation continues to show no signs of abating, the pressure on the Fed to act decisively is mounting. The true purpose of the “jumbo” interest rates hikes is to send an unequivocal signal to all economic agents, and keep inflation expectations anchored. … Continued

BY FERNANDO DE FRUTOS, CFA, PhD  |  30 AUGUST 2022 Powell’s long-awaited speech at the Jackson Hole symposium followed the expected script. In the intricate dance between central banks and financial markets, no news is, in a sense, news Equity markets responded to the Fed’s renewed inflation-fighting resolve with a big sell-off. Such a reaction … Continued