Fed Wrap – Cautious Fed Sees One Cut in 2024 on Slower Inflation Progress

Ryan Weldon, from IFM’s Debt Investments Team in New York, features in our Fed Wrap Market Update videos discussing central bank themes in debt markets, with a particular focus on the US Federal Reserve (Fed).

In this edition, Ryan discusses the outcomes of the June Fed meeting, the key points from the press conference and what to watch ahead of the next meeting. At the June meeting, the Federal Reserve held rates, maintaining the upper band of their policy rate at 5.5% with no dissenting votes. The statement had one notable change in which the Fed noted that there has been modest progress, rather than a lack of progress, towards the committee’s two percent inflation target. The bigger outcomes came from the dot plot which showed a median expectation for one cut through 2024, down from three, and median expectations of four cuts in 2025 and 2026, both increasing from three in the previous release.

Managing Social Risks in Unlisted Infrastructure

Watch insightful discussions about the importance of fostering socially sustainable workplaces amid industry megatrends and discover how IFM, in collaboration with the University of Sydney, is improving social capital metrics at our infrastructure assets.

IFM Investors

Fed Wrap – Stubborn Inflation keeps the Fed on Pause

In this edition, Ryan Weldon of the IFM Investors Debt Investments team in New York discusses the outcomes of the March US Federal Reserve (Fed) meeting, the key points from the press conference and what to watch ahead of the next meeting. At the most recent meeting, the Fed held rates, maintaining the upper band of their policy rate at 5.5% with no dissenting votes despite inflation remaining stubborn.