Steve Forbes says the Fed’s not going to cut rates soon
Steve Forbes doesn’t expect the Federal Reserve to raise rates in upcoming meetings, but the Forbes Media chairman doesn’t see cuts in the near term either. “I think the Federal …
Central banking
Bank of England bond sales creating a ‘selling gold at the bottom’ moment
People walk outside the Bank of England in the City of London financial district, in London, Britain, January 26, 2023. Henry Nicholls | Reuters LONDON — The Bank of England’s …
Bond yield jump is not death to equities: BofA’s Savita Subramanian
The latest jump in Treasury yields is not “death to equities,” BofA Securities’ Savita Subramanian told CNBC’s “Fast Money” on Tuesday. In fact, Subramanian sees the bond move as a …
Currency intervention only necessary ‘if we see market failures’
This picture taken on August 23, 2022 shows a view of the exterior of the headquarters of the Bank of Israel, the country’s central bank, in Kiryat Ben-Gurion in Jerusalem. …
Hong Kong property stocks surge as China takes action to revive property sector
Residential buildings stand at the Metro Town development, jointly developed by CK Asset Property Holdings Ltd., Nan Fung International Holding Ltd. and MTR Corp., in Hong Kong, China, on Thursday, …
Stiglitz explains how the Fed went wrong on inflation
The Federal Reserve “didn’t do their homework” and mischaracterized the spike in inflation that has plagued the U.S. economy over the last two years, according to Nobel Prize-winning economist Joseph …
Bank of England bond losses to cost government £20B more than expected
A member of the public walks through heavy rain near the Bank of England in May 2023. Dan Kitwood | Getty Images News | Getty Images The Bank of England’s …
Fed Chair Powell calls inflation ‘too high’ and warns that ‘we are prepared to raise rates further’
Federal Reserve Board Chairman Jerome Powell delivers remarks at a news conference following a Federal Open Market Committee meeting on May 3, 2023 in Washington, DC. Anna Moneymaker | Getty …
Powell Jackson Hole speech could see a shift from the past
Federal Reserve Chairman Jerome Powell testifies before the House Committee on Financial Services June 21, 2023 in Washington, DC. Powell testified on the Federal Reserve’s Semi-Annual Monetary Policy Report during …
Treasury yields in focus as investors await Jackson Hole meeting
U.S. Treasury yields were mixed on Thursday as investors await signals on monetary policy from central bankers at the upcoming Jackson Hole meeting. At 4:56 a.m. ET, the yield on the …