Insights

Trends, news, analysis and insight brought to you by our network of global experts.

Stefan Gerlach

Investment Insights 07. Mai 2021

How credible is the Hong Kong peg?

The Hong Kong dollar (HKD) peg to the US dollar (USD) is regularly called into question. While the risk in principle is in either direction, concerns have focussed on the possibility of the Hong Kong Monetary Authority (HKMA) being forced to let the currency weaken beyond 7.85 HKD/USD. Is there actually reason to be concerned?

Stefan Gerlach

4 min read

Investment Insights 06. Mai 2021

Singapore’s successful monetary policy turns 40

Managing monetary policy in a small open economy is never easy. EFG’s Chief Economist Stefan Gerlach looks at the Monetary Authority of Singapore’s successful “crawling peg” regime, which this year turns 40.

Stefan Gerlach

6 min read

Investment Insights 14. April 2021

US CPI Inflation

In this Macro Flash Note, EFG Chief economist Stefan Gerlach interprets the recent rise in US CPI inflation.

Stefan Gerlach

2 min read

Investment Insights 08. April 2021

Financial markets tensions and breakeven inflation

The behaviour of long bond yields and breakeven inflation calculated from TIPS yields suggests that market participants are worried about the outlook for inflation. Stefan Gerlach examines how much weight should be attached to breakeven inflation as a measure of expected inflation and whether it provides clean signals.

Stefan Gerlach

4 min read

Investment Insights 15. März 2021

The FOMC and the weak US labour market

With the FOMC meeting on 16-17 March in mind, in this Macro Flash Note EFG Chief Economist Stefan Gerlach looks at the Fed’s changing view of the labour market, which focuses increasingly on its weakest segment. Chairman Powell’s judgement in a speech on 10 February – that the US is a long way from the strong labour that is the Fed’s objective – remains apt.

Stefan Gerlach

4 min read

Investment Insights 09. März 2021

Covid-19 and its impact on economic activity

While the most obvious impact of Covid-19 has been on public health, the pandemic has also had a devastating effect on the health of the economy – and the road to recovery could prove long and painful. In a new issue of Infocus, Chief Economist Stefan Gerlach and Senior Economist GianLuigi Mandruzzato investigate the effects of Covid-19 more closely.

Stefan Gerlach

5 min read

Zur.
1
...
13
14
15
16
Vorw.

Obligatorisch

I confirm that I am not a resident in the USA or in a US Territory

Obligatorisch

I confirm to have read, understood and agreed to the Legal Terms and Information

Obligatorisch

Please select which publications you would like to receive:

Infocus – ad-hoc publication focusing on macro developments

Future Leaders Network – ad-hoc publications focusing on thematic topics

Obligatorisch

Please note you can manage your subscriptions by visiting the Preferences link in the emails you receive from us.

Obligatorisch

Discover more

From how we do business, to how we can help give you the future you deserve, find out more about EFG

Our philosophy

Personalisieren Sie Ihre Inhalte

Teilen Sie uns mit, wo Sie sich befinden, damit wir Ihnen die für Sie relevanten Inhalte anzeigen.

Ihr regionaler Kontakt:

EFG Bank AG
Bleicherweg 8
P.O. Box 6012 - 8022 Zurich
+41 44 226 17 17

Schliessen

Insights

How credible is the Hong Kong peg?

Singapore’s successful monetary policy turns 40

US CPI Inflation

Financial markets tensions and breakeven inflation

The FOMC and the weak US labour market

Covid-19 and its impact on economic activity

Stay ahead of the curve

Discover more

Bringing entrepreneurial thinking to Swiss private banking

Services and updates for investors, shareholders and analysts

A new experience in private banking

Personalisieren Sie Ihre Inhalte

Ihr regionaler Kontakt: