Tag: Federal Reserve
Equity Rally Resumes as New Data Supports Fed Cuts: Markets Wrap
[ad_1] Shares in Asia headed for opening gains after US stocks resumed a rally fueled by fresh data underscoring the pressure on the Federal Reserve to deliver more 2024 interest rate cuts than it flagged last week. [ad_2] Source link
Did Muddy Waters Miss the Boat in Attacking Blackstone Mortgage Trust?
[ad_1] Real estate stocks have been under pressure for a couple of years. The pressure rose two weeks ago for Blackstone Mortgage Trust, with the 50-page critique of a well-known short seller. Continue reading this article with a Barron’s subscription. View Options [ad_2] Source link
El-Erian Says Fed Has a ‘Real Problem’ With Communication
[ad_1] There’s a key piece of evidence in the bond-market surge that followed the latest US central-bank meeting, according to Mohamed El-Erian: The Federal Reserve has a communication problem. Nearly a week after policymakers left interest rates on hold and unveiled projections for more cuts than previously expected in 2024, traders and Fed officials are still at odds over the path for policy, said El-Erian, the president of Queens’ College, Cambridge, and a Bloomberg Opinion columnist. [ad_2] Source link