Chart of the week: questions about inflation

Fed Chair Powell has made no secret of it: he and his colleagues aim to bring interest rates back to the elusive, yet undefined, neutral rate. To reinforce this narrative, the FOMC members filled their forecasts with a significant number of expected rate cuts. However, the question now arises: does inflation actually permit this?

Morningstar: interest in water funds declines

Interest in water funds, like sustainable investing more broadly, has recently waned among investors. This marks a departure from the peak during the COVID-19 pandemic, which saw significant inflows. Although there are more than 40 different funds in this category, only a few manage the majority of the assets.