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Take two: Fed cautions over tariffs; China’s CPI moves into growth territory
What do you need to know?A majority of Federal Reserve (Fed) policymakers cautioned that US tariffs could have “more persistent effects on inflation”, accor...
The ‘Gini’ is out of the bottle
The US economy defies a lot of conventional economic analysis. Perhaps what is not understood, is the effect that high levels of income inequality have on how t...
Take two: Eurozone inflation rises; US stocks hit fresh highs
What do you need to know?Eurozone annual inflation edged up to 2% in June - the European Central Bank’s (ECB) target - from 1.9% in May, according to an offic...
Momentum and growth
The great US momentum trade continues. The data shows the economy is nowhere near to a recession. Job numbers are surprising on the upside and tariff revenues a...
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AXA IM and BNPP AM are progressively merging and streamlining our legal entities to create a unified structure
AXA Investment Managers joined BNP Paribas Group in July 2025. Following the merger of AXA Investment Managers Paris and BNP PARIBAS ASSET MANAGEMENT Europe and their respective holding companies on December 31, 2025, the combined company now operates under the BNP PARIBAS ASSET MANAGEMENT Europe name.