WELLS FARGO

In this report, we examine some thematic and global takeaways from the U.S. election.

Election Day is in the rearview mirror.

We look for the FOMC to reduce the fed funds rate by 25 bps at its upcoming meeting on November 7.

Today’s release of Canada’s September CPI offers a decisive data point, in our view, that should see the Bank of Canada (BoC) step up the pace of monetary easing next week.

The September CPI report came in slightly hotter than expected, but not enough to meaningfully change the outlook for U.S. inflation.

The FOMC, Blue Chip or the New Framework: Predicting the Fed Funds Rate.

Easier Monetary Policy Lays the Foundation for Recovery

Prolonged port strikes would eventually be problematic for supply chains, but fattened inventories and a compelling case for presidential intervention suggest to us that worries of imminent disruption are overblown.

Last week was a busy week for international central banks.