Report
Bruno Cavalier

Is the Fed’s policy truly restrictive?

The Fed ended its rate-tightening cycle one year ago (+525bp in 16 months) and has maintained high rates since then. In a typical cycle, activity should already have shown signs of severe weakness or even recession. In the past year, however, real GDP has continued to grow above its potential rate; the unemployment rate has risen by just 0.5pts; inflation has stayed above the target; and the S&P 500 index (before falling in recent days) has gained around 25%. There have been more...
Provider
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.

Analysts
Bruno Cavalier

Other Reports from Oddo BHF
Chaima Ferrandon ... (+2)
  • Chaima Ferrandon
  • Sven Edelfelt

ResearchPool Subscriptions

Get the most out of your insights

Get in touch