Divergence in monetary policy ahead
As national factors take precedence over global trends, divergences emerge among the monetary policies of major economies. Pioneering inflation targeting in the early 1990s, New...
Tag: interest rates
The contagion of the US commercial real estate turmoil is spreading to Europe
Just weeks before resigning from his position as CEO of Deutsche Pfandbriefbank, Andreas Arndt is facing investor concerns, mainly due to loans granted by the...
Resilience of the US Economy Dampens Rate Cut Expectations
US 10-year yields rose by five basis points in Asia after surging by 14 basis points on Friday following the US employment data. Federal Reserve...
Commercial Real Estate, a Significant Risk for US Regional Banks
New York Community Bancorp’s decisions to reduce dividends and build reserves sent its stocks tumbling by a record 38%, causing the KBW regional bank index...
The Fed Keeps Rates Steady and Warns Against a March Cut
The Federal Reserve kept interest rates unchanged for a fourth consecutive meeting. The decision to leave the target range for the federal funds rate unchanged...
Eurozone – Rate Cuts in 2024 Not Guaranteed This Year
Threats arising from persistent inflation could prevent the European Central Bank (ECB) from cutting interest rates this year, even though a recession cannot be ruled...
U.S. Inflation Dampens Arguments for a Fed Rate Cut
U.S. inflation accelerated in December to 3.4%, the sharpest rise in three months. Americans paid more for housing and driving, casting doubt on investors’ bets...
A $2 Trillion Debt Case for Higher Rates for Longer
The bond market has spectacularly turned upward in the developed world, pushing yields down and perhaps too quickly forgetting about the soaring budget deficits. In...
A New Attraction for Emerging Dollar Debt
Borrowers from developing countries are rushing to sell debt, capitalizing on increased investor appetite and the search for high yields.Mexico led the way, starting the...