All into Account: ‘Rates vol views amid increased policy uncertainty’ with Ipek Ozil, US Interest Rate Derivatives Strategist
Description
Speakers:
Thomas Salopek, Head of Global Cross Asset Strategy
Ipek Ozil, US Interest Rate Derivatives Strategist
Powell’s recent comments represent a strong reversal from the dovishness from March, so policy uncertainty remains as elevated as ever. In response to strong CPI data this week, the options markets are implying a significant weight on a hike by year-end, leaving rate-cut scenarios with a total weight similar to rate hike scenarios.
This podcast was recorded on 17 April 2024.
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