Institutional Investing / Macro Minutes
Macro Minutes: Inflation and USD Movement
In November’s short Macro Minutes video, Capital Markets Research Analyst Brent Hankins discusses what today’s environment means for inflation and the US dollar.
Key Points
- Recent central bank intervention has kept interest rates low, while inflation expectations have normalized.
- Fears of a rapidly rising inflation tied to recent increase in money supply appear overblown given the velocity of money likely remains weak.
- Year to date USD movement appears to be primarily sentiment driven – appreciating in the downturn as investors sought safe havens and depreciating in the recovery as sentiment improves.
Transcript
See Our Institutional Insights
Stay on top of the latest investment trends and developments with our views and research.