Morgans Chief Economist Michael Knox says that Federal Reserve rate cuts later this year will be shaded by a major program of quantitative tightening.

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News & Insights

Investment Watch is a quarterly publication delivering insights into equity strategy and economic trends. The Winter 2026 edition explores how the global economy enters Q3 2026 with the Iran conflict re-escalating, a reminder that the road to resolution is rarely straight. Markets have absorbed the renewed uncertainty better than many feared, reflecting the underlying resilience we have been backing all year.
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Michael Knox argues that oil prices could rise significantly because the global oil market is becoming increasingly undersupplied following disruptions linked to the US-Iran conflict
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Kevin Warsh outlines a bottom-up restructuring of the Federal Reserve, introducing five task forces and reshaping how the Fed approaches communication, data, and inflation.
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