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Article
The treacherous final mile: why embedded inflation is harder to beat
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- Interest Rate Risk Management
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Central banks in the U.K. and U.S. struggle to hit the 2% inflation target because price increases have become domestically entrenched (especially in the U.K. via wages), creating a risky dilemma: holding rates too high harms economic growth, but cutting too soon risks permanently high inflation.
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Article
Navigating a fractured age: markets, policy, and opportunity
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- Interest Rate Risk Management
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World markets aren’t de-globalising—they’re realigning. Economist Neil Shearing joined Chatham to explore how this fracturing is reshaping trade, capital flows, and policy, and why disciplined hedging matters more than ever.
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Article
Record shutdown ends; Fed in focus
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- Fiscal & Monetary Policy
With the government shutdown over, attention shifted to catching up on delayed data and new economic releases. Recent comments from Federal Reserve officials reduced the likelihood of a third rate cut this year, prompting markets to sell off late last week. The S&P 500 ended nearly unchanged, up...
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Article
The sovereign debt time bomb: why fiscal prudence outweighs deficit size
Markets are shifting focus from deficit size to fiscal discipline. As discussed by Chatham’s Jackie Bowie and Amol Dhargalkar, the credibility of a government’s debt management plan now matters more than the numbers themselves, making fiscal prudence the key driver of sovereign risk.
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News
Amol Dhargalkar on CNBC discussing global investors hedging U.S. exposure as policy uncertainty persists
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Global investors are showing renewed caution toward U.S. assets, signaling a shift from this year’s “Sell America” trend toward a more deliberate strategy of risk management and diversification. -
Market Update
BoE holds rates in split decision while ECB remains on hold
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- Fiscal & Monetary Policy
The Bank of England (BoE) held rates at 4.0% today in a close 5-4 vote, with four members preferring a 25 basis point (bp) cut. Governor Andrew Bailey voted with the majority, noting that policy remains on a “gradual path downwards,” but emphasized the Monetary Policy Committee (MPC) still needs...
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News
Jackie Bowie on BBC TV: Labour’s Tax Proposals and Market Impact
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Article
Data blackout: economists scramble to replace the “gold standard” with alternative data
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- Interest Rate Risk Management
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The ongoing U.S. government shutdown has created a data blackout, disrupting the flow of economic statistics and forcing economists and policymakers to operate with compromised data or no information at all. This isn't merely a delay in reporting; it's a direct impairment of the data...
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Market Update
December rate cut not a foregone conclusion
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- Interest Rate Risk Management
- Fiscal & Monetary Policy
On Wednesday, October 29, 2025, the Federal Open Market Committee (FOMC) voted to cut the Federal Funds rate by 25 basis points (bps), to a target range of 3.75%-4.00%. This marks the second cut in 2025, following ongoing concerns about the weakening U.S. labor market and rising unemployment. In...
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News
Chatham Financial Appoints Mike Noonan as Managing Director, Execution & Analysis
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Chatham Financial, a global leader in capital markets technology and advisory, today announced the appointment of Mike Noonan as Managing Director, Execution & Analysis.
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