No More Fear Left for Fall?
Update: 2025-09-04
Description
Summer is giving way to autumn and risk markets see few signs of a fall. Its not for lack of potential threats. Questions of Fed independence swirl and the US economy offers in equal parts the potential to either slow sharply or re-accelerate and threaten hopes for easier policy. The path of inflation is still an open question. Emerging threats to fiscal and political stability in Europe and the UK are once again on the markets mind. But none of these risks seem to demand higher risk premia, at least not yet. This week, Dan Mazza, State Street Markets head of FX forwards trading in the US, rejoins the podcast to discuss how and whether the calm can continue.
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