The Fed's Dovish Rate Hike

Friday 21 December 2018

Investment Talks

In what was one of the more highly anticipated Federal Reserve decisions of the past few years, the Federal Open Market Committee (FOMC) voted unanimously to raise rates by 0.25% to a target Fed Funds rate of 2.25% to 2.50%. 

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Why investors should care about French "yellow vests" protest

The Gilets Jaunes (Yellow Vests) are a largely spontaneous protest movement that emerged in France, in October. With no declared political affiliation, they called for lower taxes and a higher level of social transfers and public services. The protests, in our view, will have a modest negative economic impact on growth, as a consequence of two opposite effects: a fiscal stimulus (with an impact on public deficit) and damage to business and investor confidence. We have just reduced our forecast on French real GDP growth from 1.5% to 1.4% for next year, while the deficit, depending on the measures, could be higher than 3%, before declining in 2020. Read here

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From G20: Short-term relief, but it is not the final word on trade disputes

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