Sea Change at the Fed…

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Update on the Fed… Sea Change?

 

The US Fed has likely over-tightened monetary policy. The challenge for 2024 is whether policy makers be able to get Fed Funds down fast enough? We remain bullish. Next year could prove a very favourable time for risk assets because they enjoy macro-regimes where GDP growth is sluggish and policy makers are easing. Already latest data reveal a solid pick-up in Fed Liquidity injections in the same week that the FOMC hinted that rates have peaked. Looking longer-term, more liquidity is coming as fast as government finances deteriorate.

 

 

 

See our latest published research, Global View: Update on the Fed… Sea Change? - 18th December 2023

 

For further information, please contact us at research@crossbordercapital.com 

 

 

 

    
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