Monetary Policy

Global Macroeconomics
July 2026

Beware a Shifting Landscape

Citadel

Nohshad Shah

Research

10 Pages

Citadel Securities examines how markets are transitioning from pricing inflation risks toward pricing slower economic growth as geopolitical tensions reshape the macro outlook.

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Global Macroeconomics
May 2026

Quantitative easing and housing inflation post-COVID

Brookings

Aaron Klein

Research

31 Pages

The Fed’s ownership of $2.7 trillion of agency MBS in 2022 was 32% of the entire $8.5 trillion MBS market. Brookings shows that whilst Fed MBS purchases between 2020 and 2022 successfully lowered mortgage rates, they simultaneously drove home prices higher by stimulating demand.

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Global Macroeconomics
April 2019

RA Conversations: The Inverted Yield Curve

Research Affiliates

Campbell Harvey, Jim Masturzo

Video

1 Pages

Research Affiliates explores how an inverted yield curve signals slowing growth while challenging the idea it guarantees a deep recession.

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Global Macroeconomics
September 2013

The Impact of Tapering on Risky Assets

Research Affiliates

Jason Hsu

Article

1 Pages

Research Affiliates examines how the Federal Reserve's eventual tapering of quantitative easing could reshape returns across major asset classes.

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Global Macroeconomics
April 2013

Kamikaze QE

Cantor Fitzgerald

Peter Cecchini, Alejandro Lorenzo

Research

8 Pages

Cantor Fitzgerald examines how the Bank of Japan's aggressive quantitative easing could ignite a global currency war by reshaping trade balances and asset prices.

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