Bruno Cavalier

Fed: inflation expectations vs recession expectations

Recession risks are on everyone's mind, but they have not yet taken precedence over inflation risks in the US monetary debate. For the Fed, pushing down inflation is the top priority at this stage. This calls for putting pressure on demand. In attempting to choose the lesser of two evils, the Fed prefers, without explicitly saying so, an economy in recession to inflation that persists in deviating ever further from its target. Medium-term inflation expectations, which are examine...
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Bruno Cavalier

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