Not really, says UBS’s Haefele, sounding optimistic on vaccines and possible fresh aid in 2021.
Tag: Jerome Powell
The GOP-appointed Fed chair, whose term expires in 2022, has Dem admirers in the Senate.
His stance clashes with that of Chair Jerome Powell, a sometime adversary.
In four years or so, due to loose monetary policy, the CPI will be jumping by 5% to 10%, the renowned financier says.
Hardly anybody thinks they’ll take root, pointing to their blah record overseas. Not so fast.
Unlikely. Here’s why, despite all that federal money sloshing around in the system, price rises should stay tame.
Evoking Mike Tyson, Jim Bianco says a market dive could bring big pressure to more rate cuts.
Evidence mounts that, after 10 years of extremely low rates, the impact of more cuts is limited.