Insights

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.

How to achieve food security while fostering environmental sustainability

Food production and consumption habits are already putting natural resources under pressure, and this challenging situation will be further intensified by the growth in the world’s population. Why our food system plays a central role in exacerbating climate change – and sustainable consumption beats the still urgently needed shift to regenerative food production in terms of sustainability.

EFG London Jazz Festival launches the line-up for 2023

After an amazing 30th birthday celebration in 2022, in 2023 we mark the 15th anniversary of EFG’s partnership with the EFG London Jazz Festival, which this year runs from 10-19 November 2023. The full Festival programme, together with the EFG Elements Series, was revealed at the official launch in London on Tuesday, 12 September.