The bond market wasted little time taking Jerome Powell up on his implicit invitation to
Day: March 18, 2021
A Whiff Of Desperation
The Fed may have threaded the proverbial needle this week, but the follow through suggested
Philly Fed Prints A Half-Century High Scorcher
If you were looking for a scorching indicator to support the contention that the US
Jobless Claims Unexpectedly Jump As $242 Billion Hits Bank Accounts
770,000 Americans filed for unemployment benefits last week, far more than anticipated. The uptick comes
Erdogan Allows Another Rate Hike At Critical Juncture For Turkey
“[We’ve] decided to implement a front-loaded and strong additional monetary tightening”… is something you don’t
Pushing The Envelope
Jerome Powell’s uncharacteristically deft navigation of treacherous waters around the March FOMC meeting provided a
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