Fed Chair Powell is Not Done Telling Markets Where Rates Will Go
Fed and other central banks have long used signaling - known as forward guidance in their parlance - to set expectations about where policy is headed.
Fed and other central banks have long used signaling - known as forward guidance in their parlance - to set expectations about where policy is headed.
IMF downgraded its forecast for global growth this year, blaming worse-than-expected inflation for an overall "gloomy and more uncertain" outlook.
Futures contracts tied to U.S. Fed Reserve's policy rate suggested benchmark interest rates will peak in January 2023 compared to February last week.
Michael Burry, who bet on the collapse of subprime credit, does not hesitate to give his opinion on market developments.
Jerome Powell recently sold more than $1 million of municipal bonds issued by various entities across the US as tough new ethics rules took effect.
SEC Commission Chair Gary Gensler says it’s unclear if American and Chinese authorities will reach a deal to avoid the delisting.
Fed Reserve will need to go on a longer tightening cycle and raise interest rates well into next year to control inflation that Blackstone Group sees.