Larry Summers Warns That Interest Rates Have to Go Much Higher
Former U.S. Treas. Sec. Larry Summers has been warning about dangers of inflationary spiral. He's predicting Fed have to raise rates dramatically.
Former U.S. Treas. Sec. Larry Summers has been warning about dangers of inflationary spiral. He's predicting Fed have to raise rates dramatically.
Stock and bond markets are betting on a “magical scenario” where economic expansion continues even while the Federal Reserve raises rates.
Investors are beginning to hoard cash on fears of inflation and a possible recession, a recent Bank of America (BAC) report stated.
(Bloomberg) - Most investors now expect global equities to slump into a bear market this year as the growth outlook has tumbled to the lowest level since the 2008 financial crisis amid fear
For those concerned Fed Reserve hiking interest rates will tip the economy into a recession sooner rather than later, try this data set on for size.
The bond market is starting to grapple with the risk that inflation could be tough to rein back.
Traders have boosted their expectations for the amount of Federal Reserve policy tightening that could occur this year.