Money market and liquidity

Global liquidity snapshot

US Federal reserve bank building
Key takeaways
1Q highlights
1

Central banks in the US, UK and EU held rates steady during the first quarter, acknowledging that inflation remained persistently high despite its downward trajectory.

Key areas to watch
2

We are closely monitoring global economic data releases, examining them for any weakness or strength that could push central banks to deviate from the market’s current pricing of short-term rates.

Investment implications
3

We expect continued interest rate volatility as the market prices a terminal federal funds rate amid resilience in the US economy.

Global Liquidity Snapshot offers a quarterly at-a-glance look at what’s happening in short-term liquidity markets around the world.

Access the current quarterly report here.