Fed & Central Banks
Fed holds rates at 3.75%-4% as Warsh flags inflation risk
Two FOMC members dissented in favor of a quarter-point hike, and markets still expect an increase at the December 8-9 meeting.
Kevin Warsh
Fed & Central Banks
US inflation runs hot but Treasury yields fall: El-Erian on the paradox unsettling markets
In his weekly bulletin, economist Mohamed El-Erian flags an anomaly: three hotter-than-expected US inflation readings failed to lift Treasury...
Forex
The dollar snaps four weeks of gains after Warsh: October now hinges on the Fed and the ECB, 24 hours apart
The Dollar Index closed last week lower, breaking a run of four straight advances, after the Fed chair refused to signal what the central bank will...
Fed & Central Banks
Fed minutes show most FOMC officials expect another rate hike by year-end as 10-year Treasury yield rises to 5.33%
The minutes of the September 15-16 meeting show the Federal Reserve’s tightening turn under Kevin Warsh is no one-off, with AI-driven investment,...
Fed & Central Banks
Fed minutes: most FOMC members see another rate hike by year-end as 10-year Treasury yield hits 5.33%
The minutes of the September 15-16 meeting, released Wednesday evening, show that most FOMC participants consider another rate hike likely before...
Fed & Central Banks
Goldman’s Kaplan says markets price in too many Fed hikes, and the jobs data seem to agree
The Goldman Sachs vice chairman and former Dallas Fed president warned in September that markets expected more tightening than the Fed would...
Fed & Central Banks
Goldman’s Kaplan: markets are pricing in more Fed hikes than are justified, and the data seem to agree
Goldman Sachs vice chairman and former Dallas Fed president Rob Kaplan warned in late September that markets expect more tightening than the Fed...
Fed & Central Banks
Gold slips below $4,350 as hawkish Fed remarks cool Iran-diplomacy rally
Comments from two Federal Reserve presidents pointing to further rate hikes are outweighing the boost gold got from reports of possible US-Iran...
Fed & Central Banks
How to protect your portfolio from stagflation, the (possible) worst-case scenario for 2027
Rates rising, oil above $100, and growth faltering: the scenario nobody wants, but that the numbers already seem to be telling. Is stagflation on...
