RPT- Wall Street Banks Set to Profit Again When Fed Withdraws Pandemic Stimulus
With the central bank nearing the time when it will start winding down its asset purchases, banks are set to profit again.
Recent
BlackRock Says Bond Market Has Got It Wrong on Fed Rate Hikes
Bond markets have gone overboard pricing in interest-rate increases by the Federal Reserve, all signs suggest inflation threat will prove temporary.
Treasury Curve Signals Recession Risk as Fed Tightening Looms
Investors are worried price rises will prove more sustained than officials expect, forcing policy makers to accelerate interest-rate hikes.
Fed’s Bullard Sees 50% Odds High Inflation Will Persist in U.S.
Inflation, which most central bankers view as temporary, may well persist amid a strong U.S. economy and tight labor market.
‘Prick This Bubble’: Morgan Stanley CEO Calls for Fed Rate Hikes
“You’ve got to prick this bubble a little bit,” MS CEO James Gorman. “Money is a bit too free and available right now.” From interview Bloomberg TV.
The Fed Will ‘Wimp Out’ on Tightening, Roubini Predicts
Dr. Doom’s latest call: Forget about rate hikes or tapering, at least anytime soon.
Market Expects Interest Rates to Rise by ‘End of 2022, Early 2023,’ Analyst Says
Market signals point to interest rates rebounding within the next year and a half, said Greg Staples, DWS Group.
