Central Banks

A good piece from the Financial Times with a snapshot of where we are at in the US and new Federal Reserve Chair Powell.

  • Yields on both short- and long-term US bonds have been rising … short yields have risen faster than long ones, suggesting that the long-term outlook for growth and inflation remains subdued. The step-up in the 10-year yield in recent weeks suggests that this may be changing.
  • hints that the economic cycle may be peaking … the recent rumbles do underline the need for investors and policymakers to be prepared should the market fall. Most importantly, the US Federal Reserve must steel its nerves, and stick to its slow and steady raising of rates. It is essential that Jay Powell, the Fed chairman, retain his credibility as an independent policymaker.

FT pic …. and luuurve the caption 😉

Janet lives on

Source link

Articles You May Like

number of risk events ahead that could take a toll
Forex training seminar in india -Tamilnadu-Coimbatore conducted by Tamil- vol4
Trade balance data from China is due soon, a quick what-to-expect preview
Cable falls to the lows of the day after Jo Johnson’s resignation
The bullish momentum in AUD/USD is in jeopardy

Leave a Reply

Your email address will not be published. Required fields are marked *