Bond Danger Builds With Fed Set to Break From Its Cautious Past
The bond market, St. Louis Fed President, said “is not looking like a very safe place to be.” Few investors would argue with that.
The bond market, St. Louis Fed President, said “is not looking like a very safe place to be.” Few investors would argue with that.
San Francisco Fed President Mary Daly said Thursday she sees case for quickly moving to raise interest rates this year as inflation remains high.
Inflation pressures fueled by the war in Ukraine and the prolonged supply-chain chaos have bolstered expectations for policy tightening by the Fed.
Powell said 50 basis-point increase possible at Fed’s May 3-4 meeting. Comments by colleagues since have hardened expectations they’ll make that move.
President Joe Biden on Friday said he would nominate former Treasury official Michael Barr to be the Federal Reserve's top regulatory official.
U.S. Federal Reserve should reasonably consider raising interest rates by a half percentage point at its next meeting in May.
Strategists from the world’s biggest asset manager are challenging traders betting that the Federal Reserve will raise rates to around 3% next year.