<p>George dissented in the summer because she didn't want the Fed to hike too fast, so this isn't exactly a departure, but it shows that her thinking hasn't changed and that she will...
Inflation is too high, must come downWe'll keep at it until the job is doneNeed to see inflation actually falling in dataUncertain times require a risk management approach to policyCore inflation has been...
<p>You can't try to please markets. </p><p>30-year UK yields were down to 4.24% earlier today but have since jumped to 4.64%. </p><p>The final round of the BOE's gilt-purchase program is due up imminently....
If there was going to be a turnaround today, here's how I imagined it would go:Stocks would get wiped outBond yields would jumpA big would slowly appear for bonds because 4% 10s...
This is turning into a remarkable day and it's only half over.Have a look at intraday emini futures:The market was in a very good mood ahead of CPI but imploded on the data,...
An ECB report from Reuters cites a staff model forecast that sees rates peaking at 2.25%, citing four sources. That's lower than the market-implied rate at just above 3%.The model shows that 2.25%...
