In its October meeting, the Federal Reserve may have delivered the last rate cut of this year—and possibly the last of this easing cycle. Franklin Templeton Fixed Income CIO Sonal Desai explains her view on further monetary easing.

The Federal Reserve cut interest rates, but uncertainty is high and the FOMC is deeply divided on where policy should go next. Franklin Templeton Fixed Income CIO Sonal Desai explains what this means for investors going forward.

US job growth for the year through March 2025 has seen a significant downward revision. Franklin Templeton Fixed Income CIO Sonal Desai explains what this means for the economy, the US Federal Reserve and investors going forward.

Recent US preliminary trade agreements mark a significant turn in the trade wars, highlighting the substantial fiscal impact of increased tariffs. These changes introduce a shift toward indirect taxation, potentially easing long-term fiscal challenges, while also complicating monetary policy decisions amid mixed economic signals. Franklin Templeton Fixed Income CIO Sonal Desai explains what this means for investors going forward.

A full three months since President Trump’s “Liberation Day” tariff announcements sparked panic in financial markets, macro developments have been benign. The passage of the Big Beautiful Bill has brought clarity on the fiscal outlook, but uncertainty on trade negotiations remains. Franklin Templeton Fixed Income CIO Sonal Desai explains what this means for investors going forward.

Franklin Templeton Fixed Income CIO Sonal Desai shares her thoughts on the May FOMC meeting and press conference. Dr. Desai sees three layers of uncertainty that are keeping the US Federal Reserve extremely cautious and data-dependent: tariff uncertainty, economic uncertainty and broader policy uncertainty. Find out what this means for investors going forward.

Tariff uncertainty and mixed economic data is giving central banks across the globe quite a challenge. Get an overview of central bank actions and the likely trajectory in the months ahead from Franklin Templeton Fixed Income.

Franklin Templeton Fixed Income economists weigh in on the future of monetary policy across the globe. US Federal Reserve Chair Jerome Powell hints at a potential rate cut in September. Meanwhile, the outlook for the eurozone is looking cautiously optimistic as business confidence rises. While wage growth progression and sticky food inflation are key factors likely to influence the BoJ's future rate decisions. Find out more in the latest “Macro Views.”

Franklin Templeton Fixed Income economists explore tariffs’ potential impact on growth and inflation in the United States and euro area. Meanwhile, all eyes are on the implementation of the German fiscal announcement. The recent Bank of Japan meeting was dovish, and markets were quick to pare back expectations on the pace of interest rate hikes as growth headwinds overshadowed inflation and wage concerns.

Franklin Templeton Fixed Income economists explore the impact of proposed changes to US tariffs and the implications for other economies. Meanwhile, the eurozone contemplates increasing defense spending given a United States that promises to be less active in global security, and the Bank of Japan tightens monetary policy in light of increased price pressures.

Franklin Templeton Fixed Income economists explore the impact of proposed changes to both US tax and tariff policies and the implications for global economies. Central banks continue to address local conditions, with the US Federal Reserve and European Central Bank further easing monetary policy, while the Bank of Japan is hiking its policy rate as it faces elevated inflation.

Franklin Templeton Fixed Income economists note continued divergence in G3 monetary policies. The US Federal Reserve and European Central Bank are expected to continue gradual easing, with US politics adding uncertainty. In contrast, Japan's strong labor market may lead to more aggressive tightening than anticipated.

Donald Trump’s election victory has already had impact on global markets, but Franklin Templeton Fixed Income team explains that, given the unclear effects of some policy proposals, investors may be well served by keeping focused on fundamentals.

Now that the election results and initial market responses are known, what can investors expect next? We examine three key policy areas - trade, foreign policy, and domestic policy - and highlight how we are positioning our portfolios in response.

Emerging market corporate debt may offer compelling yields, significant diversification potential and robust credit quality, according to Franklin Templeton Fixed Income. Over the near term, declining yields, looser monetary policy and a strong growth outlook should offer support to the asset class.

The US presidential election could have far-reaching impacts on emerging markets, according to Franklin Templeton Fixed Income. The team analyzes different scenarios and the market implications.

The Franklin Templeton Fixed Income team is seeing some compelling opportunities across global fixed income markets. Learn how expanding portfolio exposure to include different sovereign issuers and currencies can offer added return and diversification potential.

Our Franklin Templeton Fixed Income team explores why high-quality reporting is not only a compliance issue but also a key factor for the effectiveness of sustainable finance.

The Franklin Templeton Fixed Income team believes, despite increased clarity across both macroeconomic and market conditions, uncertainty remains. Read more in their latest Sector Views.

The Franklin Templeton Fixed Income team believes the US economy remains strong despite concerns over tariff policies and the fiscal deficit. The EU economy, however, is weaker with anemic growth, which has led the European Central Bank to cut rates. The US Federal Reserve's rate-cut expectations have fluctuated, reflecting concerns over economic policies. Read more in their latest Sector Views.

The Franklin Templeton Fixed Income team feels optimistic about the US economy, driven by consumer spending, which should limit the need for rate cuts by the US Federal Reserve. However, policy changes by President-elect Trump, such as increased tariffs and immigration changes, could add inflationary pressures. Read more in their latest Sector Views.

The Franklin Templeton Fixed Income team believes in a cautious stance on fixed income sectors as most spreads are hovering around 20-year lows, but still prefer high-quality, shorter-maturity assets that have attractive yields. Read more in their latest Sector Views.

What are the potential impacts of the upcoming US election on the economy and capital markets? How will fiscal spending programs affect debt levels? Franklin Templeton Fixed Income Multi-Sector Director Mike Salm shares his thoughts on the US election implications.

In the current environment of tighter high-yield spreads, Franklin Templeton Fixed Income portfolio managers believe the potential benefits of increasing exposure to higher-quality credits within a ratings category and across ratings tiers outweigh the reasonable spread give-up.