Influential governor says US economy in ‘sweet spot’ but hotter than expected inflation not welcome
Inflationary pressures are beginning to wane but not all central banks have taken action yet. See how this affects you
The neutral ‘R-star’ level will be higher but the more notable change will be a steepening of the bond yield curve
Fixed-income ETFs see record inflows as investors seek steady returns and hedge against a stock sell-off
Figures for headline and core rates marginally surpass expectations
Minutes from meeting showed some dispute about how quickly to reduce borrowing costs
Bond traders brace for inflation data on Thursday after jobs figures smashed expectations
The New York Federal Reserve president on the battle to tame inflation
New York Fed president John Williams signals support for quarter-point interest rate cuts
And rising long yields
Figure prompts traders to increase bets Federal Reserve will slow pace of interest rate cuts
Don’t rely on easy r* narratives
There are reasons to expect real rates to go even higher
US central bank chair expresses ‘growing confidence’ of soft landing for economy
Big interest rate cut is yet another evolution in paradigm of liquidity dominance
Data comes after US central bank last week cut interest rates for the first time since the pandemic
St Louis Fed president tells FT the economy could react ‘very vigorously’ to loosening financial conditions
The Fed went all out last week. The aftershocks of the jumbo cut are still reverberating
An interesting heresy
Lenders charged more for loans but kept interest payments to savers down, FT analysis finds
Market Questions is the FT’s guide to the week ahead
Believers in predictive power of so-called inversion in bond markets still think it augurs downturn
Local currency bonds have lagged this year but Fed’s move is expected to ease pressure on developing nations
Policymakers are lowering rates and signalling new confidence that a ‘soft landing’ is possible. But few are ready to declare victory
Influential governor Christopher Waller says inflation is falling more quickly than he expected
