Videos & Podcasts

Macro Matters

Why did Powell change his guidance?

As at 27 October 2023

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In this video Gavyn Davies, Executive Chairman and Co-founder of Fulcrum Asset Management and Andy Bevan, Partner, and Economic Advisor discuss:

  1. What major factors were in Powell’s recent thinking that might have contributed to some softening
  2. How Fulcrum’s Nowcasting continues to show that core inflation in 2024 will remain moderately above Fed expectations
  3. How the impact of recent geopolitical risks on financial markets is a left tail risk
  4. The probability of a soft landing versus a hard landing and where Fulcrum’s thinking currently stands on this

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