Federal Reserve hikes policy rate 50 basis points, while remaining flexible in fighting inflation.

While Beijing has set an ambitious growth target this year with a generous fiscal stimulus plan, new COVID-19 waves are adding to mounting headwinds amid a slowing global economy.

The U.S. Federal Reserve raised the policy rate at the March meeting and signaled more hikes to come given the risks from high inflation.

U.S. inflation outpaced consensus estimates for January, likely complicating the policy path for the central bank.

At the January 2022 meeting, the U.S. Federal Reserve signaled an accelerated timetable to normalize policy, but it will be a long process amid an uncertain environment.

The strong inflation report combined with employment data will likely prompt the U.S. Federal Reserve to begin hiking its policy rate in March.

U.S. yields surged to begin 2022 as financial markets gird for central banks to begin tightening monetary policy.

The Federal Reserve pulls forward rate hike expectations and doubles the pace of tapering in an effort to provide more flexibility to react in 2022.

The risks of continued elevated inflation likely have the U.S. Federal Reserve considering material changes to its policy path.

Uncertainties that caused U.S. Treasuries to rally and yield curves to undulate in November may persist and could contribute to volatility into year-end.

With major central banks likely to exercise patience in the face of price pressures, inflation-linked assets may be attractive allocations.

Stronger-than-expected U.S. inflation data in October may prompt the Federal Reserve to consider tapering faster and hiking sooner.

The Federal Reserve navigated its tapering announcement without much market volatility, but faces the challenge of managing rate expectations amid elevated inflation risks.

The volatility that has roiled short-term bonds signals a shift in expectations for central bank policy in developed markets.

Elevated risks to inflation expectations appear to have prompted Federal Reserve officials to revise their policy rate hike projections higher.

The U.S. Fed stopped short of providing “advance notice,” but a December tapering announcement remains likely.

The European Central Bank (ECB) unveiled a newly reformulated, more ambitious inflation target. Without new mechanisms to achieve it, however, we believe inflation will remain stubbornly stuck well below 2%.