Central Bank Gold Purchases

Central Bank Gold Purchases Central bank appetite for gold remains strong. By holding gold, central banks can enhance the stability and resilience of their reserves, especially during times of economic turbulence or currency fluctuations. Image: BofA Research Investment Committee

Central Bank Balance Sheets as % of GDP

Central Bank Balance Sheets as % of GDP The Federal Reserve appears as the central bank with the highest room to increase its balance sheet. Image: Deutsche Bank

China – Required Reserve Ratio vs. M1 Money Supply Growth

China – Required Reserve Ratio vs. M1 Money Supply Growth The People’s Bank of China slashed the reserve requirement ratio for most financial institutions, but M1 money supply growth is currently near the lowest. This is not good news for GDP growth. Image: Jeroen Blokland

Total Allocated Exchange Reserves by Currency

Total Allocated Exchange Reserves by Currency The U.S. dollar represents 61% of all central bank foreign reserves. And the total value of all currencies held in foreign exchange reserves is almost $11 trillion. Image: howmuch.net

Federal Funds Target Rate

Federal Funds Target Rate The Federal Reserve has historically made decisions independent of the election cycle, as the Fed’s decisions are primarily driven by economic indicators and the dual mandate. Image: Deutsche Bank

Atlanta Fed GDPNow U.S. Real GDP Estimate

Atlanta Fed GDPNow U.S. Real GDP Estimate The GDPNow model estimate for U.S. real GDP growth is 2.9% for 2024:Q1, highlighting the ongoing robustness of the U.S. economy. Image: Federal Reserve Bank of Atlanta

U.S. Unemployment Rate Forecast

U.S. Unemployment Rate Forecast According to Deutsche Bank, a mild recession in the United States may result in a modestly higher unemployment rate than what is anticipated by both consensus and the Federal Reserve. Image: Deutsche Bank