Fed
Morgan Stanley sees fed cut delay pushing back easing in Asia
MOST central banks across Asia are likely to begin cutting interest rates later in the year – if at all, according to economists at Morgan Stanley, as the US...
Stubborn US inflation, delayed Fed rate cuts could mark a painful adjustment for investors
THIS column last broached the topic of inflation and interest rates in December, right after the US Federal Open Market Committee (FOMC) indicated no further rate hikes were likely.It...
Clobbered Fed rate cut bets wipe out even last year’s bond gains
INVESTORS wagering on an extension of last year’s global bond gains have been served a harsh reality check. Expectations of higher-for-longer US interest rates, bolstered by a hot inflation print...
Former Fed chief Bernanke to set out Bank of England reforms
FORMER Federal Reserve Chair Ben Bernanke will set out on Friday how the Bank of England should reform its economic forecasting, after a surge in inflation to its highest...
Fed seen waiting until September to cut rates
THE Federal Reserve will wait until September to start cutting interest rates, traders bet on Wednesday (Apr 10), after a government report showed inflation was stronger than expected last...
Use of Fed central bank tool grows as cash stockpiling continues
FOREIGN central bank usage of a key US Federal Reserve facility rose for a third week, an indication policymakers around the world keep building cash positions amid warnings they...
Fed officials say three rate cuts a reasonable baseline for 2024
TWO Federal Reserve officials who vote on monetary policy decisions this year said they still expect the US central bank to cut rates three times in 2024, though they...