Fed Seen Delivering One of the Most Hawkish Pivots in Years
More than half predict Fed’s quarterly forecasts will show median of 18 officials projecting two rate hikes next year from current levels near zero.
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Fed Hikes Seen Starting With Yield Curve Flattest in Generation
Both that flatness and level of longer-term yields suggest investors see the central bank not being able to do too much before having to hit pause.
Massive U.S. Debts Could ‘Trap’ Powell as Fed Fights Inflation
More debt held by more companies suggests potential risks as borrowing costs rise from currently low levels.
Libor Fix Wins House Support in Drive to Avert Market Chaos
By a vote of 415-9, House lawmakers on Wednesday backed provisions to switch the most troublesome contracts to a replacement benchmark.
Gensler Targets SPAC Disclosures as SEC Considers Tougher Rules
SEC Chair Gary Gensler, who raised issues with SPACs, gave a road map Thursday for areas where the regulator may need to step up regulation.
Pimco Warns Risk of Policy Mistakes From Central Banks Is Rising
Fading monetary and fiscal stimulus next year and efforts by authorities “to engineer a growth handoff to the private sector” create a higher risk.
Fed's a Bigger Problem Than Omicron, Morgan Stanley Says
JPMorgan and other market strategists have also singled out hawkish turn by central banks as the main risk to their outlook for stocks over Covid-19.
