Insights

Regenerative food systems: Finding ways to feed the world without it costing the earth

How can we achieve food security for the world’s growing population without harming the environment and climate? The answer lies in the transition to a regenerative or “nature-positive” food system that fosters sustainable food production and consumption, giving people better access to healthy and nutritious food, while protecting the planet.

BoE surprises markets by leaving rates on hold

The BoE surprised markets last week after the Monetary Policy Committee (MPC) voted, with a narrow majority of 5 votes to 4, to keep its policy rate unchanged at 5.25%. In this Macro Flash Note, Economist Joaquin Thul looks at the reasons behind the BoE’s decision and the outlook for interest rates.

Is the SNB done with rate hikes?

The SNB surprised markets and left rates unchanged in September. In this Macro Flash Note, Senior Economist GianLuigi Mandruzzato looks at the outlook for the Swiss economy to evaluate if SNB policy rates have peaked.

FOMC September Meeting

Yesterday’s Federal Open Market Committee (FOMC) meeting saw the Federal Reserve stay on hold, as had been widely anticipated. However, the hawkish tone in the post-FOMC meeting press conference was a surprise, as were changes to the Fed’s outlook over the next few years. In this Macro Flash Note, Daniel Murray reviews the meeting and the associated projection materials. One interesting observation is that there is a widening gap starting to emerge between the median and average forecast for the longer run fed funds rate.

Why diversification is essential in high yield

Inflation and the Fed’s September meeting

The Federal Reserve is widely expected to keep interest rates steady at its meeting on 20 September despite the rise in headline Consumer Price Index (CPI) inflation in August. Indeed, current market pricing suggests no change in interest rates with a probability of 98%. In this Macro Flash Note, Chief Economist Stefan Gerlach comments on the meeting.