The European Central Bank is likely to continue hiking rates next year, but the end point remains uncertain.

Falling prices for cars and holiday discounting contributed to softer U.S. inflation, creating more room for the Fed to potentially dial back its hawkish stance.

How we’re thinking about investing against a backdrop of inflation uncertainty, geopolitical tension, and likely recession.

Core inflation came in below expectations for October and should moderate in 2023, but likely with bumps in the road ahead.

The Federal Reserve’s November statement included dovish language, but Fed Chair Powell warned investors not to expect the Fed to stray from its full focus on fighting inflation.

The central bank noted that substantial progress has been made in withdrawing monetary policy accommodation, and expressed concerns around growth and policy transmission lags.

Core inflation in the U.S. outpaced expectations for September and may fortify the Federal Reserve’s hawkish resolve.

The Federal Reserve released new economic projections suggesting interest rate hikes will be faster and larger than previously forecast.

The Federal Reserve may be pressured to target a higher terminal fed funds rate as it seeks to tame U.S. inflation expectations following strong price rises in August.

We expect the European Central Bank to continue aggressively hiking rates this year, though moderating from the 75-basis-point level.

In Jackson Hole, Federal Reserve officials unequivocally emphasized their commitment to bringing inflation under control – even as the U.S. economy slows.

Despite price declines in many sectors, the Federal Reserve may continue its hawkish approach.

The Federal Reserve affirmed its commitment to price stability, hiking its policy rate 75 basis points again and signaling more tightening to come.

June’s U.S. inflation data will likely force central bankers into more restrictive territory – raising the odds of recession.

The varied responses of individual countries to global inflationary pressures have contributed to elevated real-rate differentials between developed and emerging markets.

This year’s surge in yields is restoring value to the bond market, especially with the likelihood of a recession rising, although it remains uncertain when market momentum might turn.

The Federal Reserve ratchets up the pace of monetary tightening, raising questions about the U.S. growth outlook.