The Outlook

Originally published as part of The Outlook Newsletter

Vol. 1, Issue 4C



Arian Suderman

Chief Commodities


"U.S. Fed Chair Jerome Powell stated [on Aug. 25] that it will likely require an economic slowdown to bring inflation down to the 2% mandate, considering the scope of the broader services sector in the inflation equation. The service sector is heavily dependent on labor, which continues to see rising wages. Powell emphasized that "two percent is and will remain our inflation target," which is the key line of his speech in my opinion.

From Perspective: Midday Commentary for August 25


 Vincent Deluard

Vincent Deluard

Director - Global
Macro Strategy


That was fast. In a couple of months, we went from “hard landing” to “soft landing”, and eventually “no landing”. The GDPNow estimate of 3.9% for Q3 validates my favorite neologism: a trampoline landing.

From The Trampoline Landing and Why I am Bearish - August 2023


 Josh Cannington

Josh Cannington

Vice President -
Interest Rate Derivatives


“Understandably, Mr. Powell maintained the cautious stance and did not close the door on the possibility of further rate hikes should it prove necessary. Possibly the key is in his words: ‘We see the current stance on policy as restrictive, putting downward pressure on economic activity, hiring and inflation.’ This does not suggest that they won’t hike in September, so the Fed funds may have overshot. Again.”

From USD Rates Commentary April 13


See why StoneX is a partner of choice

Have questions about our products or services? We're ready to help.
See why StoneX is a partner of choice

Let’s get connected

To learn more about how our customized financial solutions can help you stay one step ahead in the global markets, contact our team today.

Select your Location

Contact us


By submitting this form, you are sending StoneX Group Inc. and its subsidiaries your personal information to be used for marketing purposes. View our  Privacy policy  to learn more.