If a Hesitant Fed Won’t Cut, Other Central Banks Will, Says Ned Davis
Chair Jerome Powell declares that the Federal Reserve is in no hurry to reduce rates due to sticky inflation.
Chair Jerome Powell declares that the Federal Reserve is in no hurry to reduce rates due to sticky inflation.
Shrinking the central bank’s balance sheet has been ongoing for two years.
Futures market expects deeper cuts ahead than the central bank bunch projects.
UBS analysts think the Fed will need 6 months or so to realize it can ease, gradually slicing the central bank’s benchmark by a modest amount, up to 0.75 points.
PIMCO’s Crescenzi touts the steadiness of the central bank chief who conquered inflation four decades ago.
A lot of wise souls think that goal is achievable—despite the heavy weather blocking the way.
Former New York Fed head Dudley thinks the central bank’s quest is doomed. Is he right?
The Fed has distorted the Treasury landscape, says a Bernstein savant. Without its bond buying, the 10-year would be yielding 3.7%.