Signs of a future increase in inflation are becoming increasingly visible. Natixis IM explains some of these global clues. First it is US long-term inflation outlook, which is currently situated around 2-3% and trending clearly higher.
MADRID | By Francisco López | Investors are closely looking economists’ forecasts about the next rate hike in the United States. Until recently, the vast majority opted for movements in the second part of 2015. Now, after the last job creation data, some analysts believe that the rise could come as early as 1Q15.
SAO PAULO | By Marcus Nunes | Professor of Economics James Hamilton reviews new research on “Summarizing monetary policy.” He talks about the existence of a “shadow” short-term interest rate in the U.S. economy that might in some circumstances be quite negative.