By Paul Zemsky, CFA, CIO, Multi-Asset Strategies, Jon Kaczka, CFA, Asset Allocation Analyst, Pavel Dekhman, CFA, Junior Research Analyst
Central banks are back in focus in November. As the Federal Reserve seemingly moves closer to its first rate hike since 2006, the European Central Bank, Bank of Japan and Peoples Bank of China remain increasingly accommodative.
By Christine Hurtsellers, CFA CIO Fixed Income; Matt Toms, CFA Head of U.S. Public Fixed Income
While the Fed has a license to kill zero interest rate policy at the time of its choosing, communication from the central bank will be key to ensuring that markets overly aren’t shaken or stirred by Fed action.