• February 1, 2022

    US inflation at 6.2% in 2021, highest since 1990

    U.S. inflation has surged to the highest levels seen since 1990 at 6.2% (Y/Y) due to factors such as higher shelter and car prices, which are both expected to continue rising as 2022 starts. The Federal Open Market Committee (FOMC) voted to maintain the current Fed Funds rate at the zero-lower bound (0.00% – 0.25%) and accelerate the pace of tapering its asset purchase program to USD 30bn per month starting in mid-January from the current USD 15bn. 10Y Sovereign...