Unhidea explains global investment research, selected interviews and market briefs. Explore source attribution, dates, key assumptions and the reasoning behind each article.
Betsey Stevenson, a University of Michigan professor and former chief economist at the Labor Department, asks why, if markets broadly expect the Federal Reserve to raise rates eventually, it does not do so now. The question of what benefit there is in waiting has not been well answered.
Bloomberg Television ·
Goldman Sachs expects AI-related factors to raise the average year-over-year core inflation rate in developed economies outside the United States by about 0.25 percentage points by the first quarter of 2027. The pressure comes mainly from memory costs passing through to consumer electronics and is expected to ease in the second half of 2027.
Goldman Sachs ·
Miran says the Fed must guard against one way of making a mistake in its fight against inflation: overreacting to transitory inflation, rather than focusing solely on a single month’s data.
CNBC Television ·
Bhave says markets have almost fully priced in a hold, but the logic of inflation suggests the Fed should complete its second rate hike of the year in October.
CNBC Television ·
Japan’s new core CPI accelerated by 0.5 percentage points year on year in September from August, coming in slightly above market consensus and in line with Goldman Sachs’ forecast. A long holiday contributed to higher accommodation and outbound travel prices, while airfares, some durable goods and dining also added upward pressure. Energy inflation was unchanged, while lower fresh food prices limited the increase in headline inflation.
Goldman Sachs ·
