Beyond Bulls & Bears

On My Mind: The Fed Will Hike Again—Because It Can
Fixed Income

On My Mind: The Fed Will Hike Again—Because It Can

While the financial markets seem to be betting on a very extended pause in the US Federal Reserve’s multiyear tightening cycle, Franklin Templeton Fixed Income Group Chief Investment Officer Sonal Desai has another idea. Here, she makes the case that interest-rate hikes may still be on the table this year.

Slowdown Doesn’t Mean Stop. Our View on US Interest Rates, Inflation and China
Fixed Income

Slowdown Doesn’t Mean Stop. Our View on US Interest Rates, Inflation and China

While the US Federal Reserve (Fed) decided to leave interest rates unchanged at its January policy meeting, the market seems to be thinking the Fed may press pause for an extended period. A prolonged US government shutdown has heightened concerns the economy could be at a tipping point, but Sonal Desai, Chief Investment Officer, Franklin Templeton Fixed Income Group, weighs in on why the notion the Fed won’t raise rates at all this year “is misguided.”

The US Yield Curve: Should We Fear Inversion?
Fixed Income

The US Yield Curve: Should We Fear Inversion?

There has been a lot of talk this year about the flattening of the US yield curve—which is a graphical representation of the spread between short- and long-term interest-rate instruments. Our senior investment leaders make a case that the “predictive power” of the yield curve when it comes to the US economy may not really be so predictive this time around.

Fed Gives US Interest Rates Another Bump in June
Fixed Income

Fed Gives US Interest Rates Another Bump in June

The US Federal Reserve continued its tightening path at its June policy meeting, raising its benchmark interest rate for the second time this year and seventh time since December 2015. Chris Molumphy, chief investment officer, Franklin Templeton Fixed Income Group, offers us a snapshot of the US monetary policy landscape in the wake of the meeting.

Fed Remains in Tightening Mode in March
Fixed Income

Fed Remains in Tightening Mode in March

The US Federal Reserve remained in tightening mode at its March monetary policy meeting, raising its benchmark interest rate for the sixth time since December 2015. Chris Molumphy, chief investment officer, Franklin Templeton Fixed Income Group, offers his take on the market implications—and why he feels it’s more important for investors to focus on the US economy’s (healthy) fundamentals rather than the exact number of rate increases this year.

Brexit: All Eyes on the Politicians
Perspectives

Brexit: All Eyes on the Politicians

With less than two weeks to go until the much-anticipated Brexit referendum vote in the United Kingdom, the outcome still lies very much in the ...

Seeing the Silver Lining for Fixed Income in Fed Move
Perspectives

Seeing the Silver Lining for Fixed Income in Fed Move

Now that the US Federal Reserve has delivered its first interest rate hike in nearly a decade, fixed income investors may be wondering what it all ...

No Fireworks from the ECB as Draghi Plays It Cool
Fixed Income

No Fireworks from the ECB as Draghi Plays It Cool

Many market observers seem to have been expecting fireworks from the December meeting of the European Central Bank’s (ECB) governing council. As a ...