Monetary Policymakers Signal Unlikely September Rate Hike
This week, several U.S. monetary policymakers testified, helping to solidify the view that a rate hike at this month's FOMC meeting is...
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Ballestas Group
Aug 31, 20231 min read
Fed Rate Hike Uncertainty Looms After Mixed Jobs Report
The speeches delivered in Jackson Hole failed to significantly influence implied rates in the market, and the prevailing expectation...
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Ballestas Group
Aug 28, 20231 min read
Powell's Inflation Battle: Jackson Hole Decision Sparks Market Surge
At Jackson Hole, Powell ratifies path of interest rate hike to fight inflation. Although inflation has shown some decline since its peak,...
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Ballestas Group
Aug 20, 20231 min read
Inflation Upside, Growth Concerns, and Yield Surges
The minutes of the July Federal Open Market Committee meeting show that most Fed members continue to see significant upside risks to...
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Ballestas Group
Aug 10, 20231 min read
Inflation Eases, Fed's Path Uncertain, Market Surprises Abound
Inflation is showing signs of moderation, with a 3.2% y-o-y increase in July's CPI, in line with estimates. This is reducing concerns...
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Ballestas Group
Aug 3, 20231 min read
U.S. Treasury's AAA to AA+ Downgrade: Triggering Fiscal Concerns and Yield Volatility
The credit rating agency Fitch has downgraded the sovereign's credit quality by one notch, transitioning from AAA to AA+. This decision...
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Ballestas Group
Jul 27, 20231 min read
Federal Reserve Raises Interest Rates to 5.25% and 5.50% Amidst Strong U.S. Growth and Low Inflation
On Wednesday, the Federal Reserve raised interest rates by 25 basis points to 5.25% and 5.50%. In addition, they announced that they will...
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Ballestas Group
Jul 20, 20231 min read
ECB Set for Rate Hike: Aggressive Members Signal Anticipated Increase!
Last week's better-than-expected inflation data and the news this week of plummeting used car prices coincided with a drop in 10-year...
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Ballestas Group
Jul 13, 20231 min read
Markets Rejoice as June Inflation Plummets
Markets rallied on the back of a significant drop in the inflation figure for the month of June. Overall, prices fell one percentage...
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Ballestas Group
Jul 6, 20231 min read
Bond Market Rocked: FED's Hawkish Tone Sparks Volatility!
Despite the Federal Reserve's decision to hold rates at the June meeting, almost all participants saw the need for further increases, and...
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Ballestas Group
Jun 29, 20231 min read
Apple Makes History: $3 Trillion Valuation
This week, the presidents of the main Central Banks were gathered at the forum of the European Central Bank in Sintra, Portugal. In his...
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Ballestas Group
Jun 15, 20231 min read
China's Central Bank Cuts Rates to Boost Post-COVID Recovery
This week, the market was focused on the CPI reading for May and the Fed's benchmark rate decision. The consumer price index cooled,...
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Ballestas Group
Jun 8, 20231 min read
Saudi Arabia Slashed Oil Production Further in Anticipation of Sluggish Global Growth
Until the last week, the anticipation in the market was that the Federal Reserve would not increase rates in the upcoming FOMC meeting in...
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Ballestas Group
Jun 1, 20231 min read
Debt Ceiling Approved, Job Market Thrives
The bill, which was agreed upon over the weekend between the White House and Speaker of the House Kevin McCarthy, to prevent reaching the...
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Ballestas Group
May 29, 20231 min read
Rising Inflation and Impending Debt Crisis
The personal consumption expenditure (PCE) price index, the US Federal Reserve's preferred inflation gauge, rose 4.7% year-on-year in...
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Ballestas Group
May 18, 20231 min read
Debt Ceiling Negotiations Continue
Negotiations on the debt ceiling continued during the week. On the investor side, concerns that the US Treasury will default on its...
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Ballestas Group
May 11, 20231 min read
FED Halt, Debt Talks, and Job Slowdown
Expectations are increasing that the FED will halt the rate hike at the next monetary policy meeting, given the April inflation data and...
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Ballestas Group
May 4, 20231 min read
US Federal Reserve raises benchmark rate, job market remains strong but challenges persist
During their Wednesday meeting, the Federal Reserve opted to raise their benchmark rate by 25 bps, pushing it to a range of 5%-5.25%....
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Ballestas Group
Apr 20, 20231 min read
Debt Ceiling Debate and Economic Indicators: A Look at the Latest Updates
Kevin McCarthy, the President of the US House of Representatives, has stated that the Republicans will introduce a plan to increase the...
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Ballestas Group
Apr 13, 20231 min read
Fed Minutes and Inflation Figures Raise Concerns
The minutes of the Federal Reserve's March meeting suggest that the organization's members are preparing for a mild recession, which they...
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