Hints and tips:
...Credit card borrowing had been “really ramping over the last quarter”, said Betsy Graseck, a Morgan Stanley managing director covering US large-cap banks, with delinquencies also accelerating at the fastest...
...Even the hawkish St Louis Fed president James Bullard’s said yesterday that “monetary policy is in much better shape today with the policy rate at a more appropriate level than it was a year ago”....
...Profits at Goldman Sachs, Morgan Stanley and a clutch of other western banks in China fell sharply last year, figures published by the lenders and seen by the Financial Times show....
...St Louis Fed president James Bullard, Fed governor Michelle Bowman and Kansas City Fed president Esther George are also expected to speak at the event....
...Morgan Stanley, Goldman Sachs and Jefferies now expect the Fed to deliver back-to-back half-point increases from May, followed by quarter-point adjustments at each of the four remaining meetings after the...
...Morgan Stanley on Thursday upped its expectations to four quarter-point rate rises this year, which Robert Rosener, its senior US economist, said reflected a Fed that is “seeking flexibility to respond to...
...Ellen Zentner, chief US economist at Morgan Stanley, wrote in a note to clients on Friday: “The Fed’s job has gotten harder, not easier, as it approaches lift-off.”...
...Bank of America, Citigroup, Wells Fargo and Morgan Stanley are all due to report quarterly results....
...St Louis Fed president James Bullard called for a half-point increase in yesterday’s meeting, though he was alone in his dissent....
...According to Ellen Zentner, chief US economist at Morgan Stanley, the price pressures were a positive development at this stage of the economic recovery....
...Esther George, president of the Kansas City Fed — which hosts the Jackson Hole symposium each August — along with James Bullard of St Louis back a more immediate move, while Raphael Bostic, president of...
...The declines followed comments from James Bullard, president of the St Louis Fed, about the prospects of an even earlier interest rate increase than current projections suggest....
...As St Louis Fed president James Bullard pointed out on Thursday evening, lockdown policies will mean that the official unemployment rate will look lower than it would otherwise (our emphasis): If people...
...JPMorgan now sees a 43 per cent chance the US will enter a recession over the next 12 months — and predicts rate cuts in September and December — while Morgan Stanley on Monday warned the US market cycle...
...In that regard James Bullard, president of the St Louis Fed, downplayed immediate action on Friday: “Further policy rate cuts are a possibility if a global pandemic actually develops with health effects...
...open on Tuesday and investors are watching to see if lower rates are crimping their net interest margins. 50 companies on the S&P 500 are slated to report next week and the roster also includes Morgan Stanley...
...And as Andrew Sheets, chief cross-asset strategist at Morgan Stanley points out, the Fed is not a sure bet. “Everybody thinks central bank support is around the corner,” he said....
...“You can get addicted to low or negative rates,” said Lisa Shalett, chief investment officer of Morgan Stanley Wealth Management in New York. “It’s very scary....
...The yield on the two-year Treasury, which is more sensitive to monetary policy, shed 9.6 basis points to 1.8477 per cent as St Louis Fed president James Bullard said a cut to interest rates “may be warranted...
...Encouragingly for the Fed, interest rate futures indicate that traders think this will be enough to buttress the economy, leading to renewed rate increases from 2021, according to Morgan Stanley....
...The list includes Goldman Sachs, Bank of America, Morgan Stanley, Citigroup, Honeywell, Schlumberger, Johnson & Johnson, Netflix, CSX, PepsiCo and IBM, among others....
...Randy Bullard, Alexandra Aguirre, Enrique Conde, and Juan Delgado are all joining the firm from Greenberg Traurig....
...Louis Fed president James Bullard, Chicago Fed head Charles Evans and governor Lael Brainard to name a few....
...John Williams, Charles Evans, Narayana Kocherlakota, James Bullard and Eric Rosengren....
...Mr Evans will join James Bullard and Eric Rosengren on a policy panel at Hoover’s Monetary Policy Conference held in Stanford, California....
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