Hints and tips:
...Turbulence in public markets sparked by the US Federal Reserve’s decision to aggressively raise interest rates in its bid to tame inflation has many big asset managers salivating over an opportunity to step...
...In March, for example, the Bank for International Settlements noted that the one standard deviation interval (in which the true value will sit only 68 per cent of the time) around the Richmond Fed R-star...
...Speeches on Monday by Federal Reserve board member Michelle Bowman, Minneapolis Fed president Neel Kashkari and Richmond Fed president Tom Barkin could help shape expectations about monetary policy....
...Public comments from Federal Reserve officials this week will be watched more closely than normal, as investors look for cues about the central bank’s path forward and how policymakers are reacting to jitters...
...This is true for the Federal Reserve, European Central Bank and the Bank of England and there is not a lot of difference between how much rate expectations have changed on both sides of the Atlantic....
...Monetary policy: Federal Reserve Bank of Richmond President Thomas Barkin speaks at a public event in Richmond, Virginia....
...Most Federal Reserve officials wanted to keep borrowing costs high “for some time”, according to minutes of their meeting in December, adding to doubts that the US central bank is poised to begin cutting...
...of its Chicago bank....
...Federal Reserve Board governor Michelle Bowman and Federal Reserve Bank of Richmond president Thomas Barkin will make public comments today....
...Rate cuts This comment, delivered by Federal Reserve governor Christopher Waller at a think-tank event on Tuesday, generated a fair amount of attention: If we see disinflation continuing for several more...
...The largest US banks are set this year to earn higher profits from their lending businesses than expected as it becomes more likely that the Federal Reserve will make only modest cuts to benchmark interest...
...Monetary policy: Boston Fed president Susan Collins, Richmond Fed president Thomas Barkin, Dallas Fed president Lorie Logan and Federal Reserve board governor Michelle Bowman speak at public events today...
...Board of Governors and the Federal Reserve Banks of Atlanta, Boston, Cleveland, Philadelphia, San Francisco, and St Louis, in Washington....
...And here’s what I’m keeping tabs on today: Federal Reserve: The US central bank begins a two-day meeting to decide interest rates. It is expected to keep borrowing costs at their current 23-year high....
...The benchmark 10-year yield slid as much as 12bp after the Treasury’s refunding announcement, v FactSet....
...Just like we saw during the Clinton administration, there will be plenty of growth to generate tax revenue and stabilise the federal deficit and government spending....
...Expectations of cuts as early as March by the Federal Reserve and the European Central Bank played a big role in 2023’s late-year stock and bond rally....
...Thomas Barkin, the president of the Richmond Fed who will vote on the US central bank’s policy deliberations this year, is looking closely at whether retailers regain their ability to force manufacturers...
...The numbers provided further power to a rally in stocks as well as US Treasuries, as investors bet that the slowdown in the labour market made it more likely that the Federal Reserve will not raise rates...
...Expectations that the US Federal Reserve will soon start cutting interest rates from two-decade highs have raised hopes among dealmakers for an M&A recovery....
...This, in turn, will raise pro-cyclicality risks (or self-reinforcing market swings), as Mark Carney, former governor of the Bank of England, has noted....
...Fedspeak: The presidents of the Federal Reserve’s Atlanta, Richmond, Cleveland and Minneapolis branches are all scheduled to speak at various events....
...On August 25, Federal Reserve chair Jay Powell summarised the mood when he said “we are navigating by the stars under cloudy skies”. Economists do have some tools to illuminate the path ahead....
...Thomas Barkin, president of the Federal Reserve Bank of Richmond, said that while policymakers should always be “sensitive” to financial stability, those concerns should not take precedence over the central...
...The more benign inflation readings will fuel speculation that central banks including the Fed, the European Central Bank and the Bank of England have finished raising rates....
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