June FOMC meeting: “Transitory” or “sticky” inflation? That is the question for the Fed
Fed officials assert the recent surge in inflation will be transitory, but are they being “dangerously complacent” as Larry Summers affirms? Much will depend on how long it takes to resolve supply imbalances in the goods and labor markets. Vice Chairman Clarida sounding a bit more concerned said officials will be highly “attuned and attentive” to incoming economic data. The June FOMC meeting will offer a critical assessment of the evolving economic dynamics measured against the Fed’s new Flexible Average Inflation Target (FAIT) framework.
Please note that we will be holding one webinar each for Americas, EMEA and APAC friendly timezones:
- Americas – Wednesday 9th June | 11:30 EDT
- EMEA – Friday 11th June | 10:00 BST
- APAC – Friday 11th June | 10:00 HKT
Kathy Bostjancic | Chief US Financial Economist
Kathy Bostjancic is Head of U.S. Macro Investor Services. She is responsible for assessing the impact of macroeconomic forecasts and analyses on the financial markets. She will present the economic outlook and market implications to U.S. asset managers and other clients, and she will be a media spokesperson. Kathy will also lead and collaborate on multiple consulting projects for U.S. clients.
Gregory Daco | Chief US Economist
Gregory Daco is Head of US Macroeconomics at Oxford Economics. He is responsible for producing the US economic outlook using Oxford Economics’ proprietary Global Economic Model. Greg tracks and forecasts high-frequency indicators, and oversees the production of thematic research pieces on the US economy, the Federal Reserve, financial markets and fiscal policy. He is also responsible for presenting the global outlook to clients and partners, and liaising with the media.
Will Asia construction survive rising construction costs?
The construction sector has seen a surge in activity following the gradual fading in Covid restrictions across different countries. However, the Russia-Ukraine conflict and continued lockdowns in China have further exacerbated supply chain constraints and increasing construction costs. In this webinar we will discuss the outlook for construction activity in Asia including the risks and implications of increasing construction costs.Find Out More
Frontier market turmoil: Argentina’s value, Sri Lanka’s crisis, Egyptian FX worries
Frontier markets will continue to be volatile in the near term, but bond valuations are attractive with plenty of arbitrage opportunities. We see value in Argentine bonds, as the country should benefit from higher commodity prices and liquidity risks are contained; we focus on the light at the end of Sri Lanka’s tunnel, with markets failing to price in the possibility of a successful IMF program; and also our concerns that further depreciation may be consistent with Egyptian stabilisation efforts.Find Out More