Fedspeak Weighs on Markets in Both Directions… On Wednesday morning, Minneapolis Federal Reserve President Neel Kashkari said that he is open to raising his terminal rate estimate above 5.4%. On ...
Week In Review – October 3 2022
The Bank of England (BoE) Intervenes to Buy U.K. Government Bonds… After the British pound sterling fell to its lowest level since 1792 and U.K. government bond yields marched higher, the BoE bought ...
Week In Review – March 28 2022
Federal Reserve Chair Powell Said Central Bank Stands Ready to Raise Rates by 0.50% if Necessary... In remarks about fighting inflation, Powell noted that the bankers will do whatever is necessary, ...
Week In Review – December 27 2021
Omicron and Fed Policy Worries Shake Markets… The markets sold off at the start of the week as investors worried about a global economic slowdown in the face of rising omicron infections and the ...
Week In Review – November 29 2021
Build Back Better Act Passes House…The U.S. House of Representatives passed the $1.85 trillion reconciliation bill, which now goes to the Senate. What it means— Representatives held off on voting ...