Jay Powell

Global Markets

The Fed is headed in the same direction as the ECB

The US Federal Reserve has started buying corporate bonds in the secondary market, but it is not the first of its peers to do so.

US Economy

Powell's Fed stays dovish but rates could rise faster than suggested

(Mar 22): The latest FOMC meeting appears to confirm that Chair Jay Powell’s Fed will remain dovish. Interest rates will rise slowly, while changes to the outlook will be incremental and reactive. Monetary policy is not set to turn “tight” until 202
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