Topic Thread
3 published observations tracking this thread.
The important September Fed signal is not simply another 25-basis-point move. It is the combination of a higher current rate, a hotter inflation forecast, and a policy path that still sits above the June projection.
The September Fed decision is more than a quarter-point move: the rate is now higher, the projections remain dispersed, and inflation expectations still leave the path of future cuts or hikes uncertain.
The UK's latest monetary-policy decision combines a rate hold with a major balance-sheet signal: the Bank of England plans to unwind its remaining monetary-policy gilt holdings through annual sales and maturities through 2034.
