Whether Jay Powell at the Fed, Andrew Bailey at the Bank of England or Christine Lagarde at the ECB, the job is thankless, the outcome is uncertain and the criticism is cheap.
For the first time in many years, the front end of the bond markets are looking as compelling to investors as they are to traders.
While the Federal Reserve is now expected to pause its monetary tightening, the picture isn’t so rosy this side of the Atlantic.
It’s a big week for the global economy as UK mortgage-owners feel the squeeze.
By some miraculously novel invention in monetary policy, the Fed might actually choose to neither tighten nor ease, but instead leave rates unchanged.
Further rate rises risk placing pressure on a fragile system.
The world’s largest economy is bracing for recession after the US Federal Reserve raised interest rates for a tenth – but possibly final – time this afternoon.
The Federal Open Market Committee is convening for its two-day May meeting – it has a lot on its plate.
Cebr expects the Federal Reserve to implement just one more rate hike, before halting its course of monetary tightening.
Subscribe to Reaction and receive unlimited access to the site, our daily email with analysis every evening and invites to online events.
© Copyright 2023 Reaction Digital Media Limited – All Rights Reserved. Registered Company in England & Wales – Company Number: 10166531.
